Gold is commonly valued by the ounce.
There are 28.3495231 grams (or grammes) in one ounce.
Olympic gold medals are silver coated with at least 6 grams of gold.
At the current price of about US$1827 an ounce, the value of 6 grams would be US$386.67.
Gold and silver prices change several times a day, and might be much more or much less than the prices above.
But an Olympic gold medal has a value to collectors that far exceeds the intrinsic value of the gold and silver it contains.
Depending on the athlete and the date, it might be any value up to priceless.
There are 31.103 grams in one troy ounce - based on today's spot of $952 .6 grams of pure 24k gold would be worth $18.36 For pure gold - Spot Price / 31.103 = gram value example - $952 / 31.103 = 30.60 per gram X .6 = $18.36 For Karat gold - 10,14,18, etc Spot Price / 31.103 X (percentage of pure gold in the item) = gram value You calculate the percentage of pure gold by dividing the karat by 24. 14K / 24K = 58% and 18K / 24K = 75% In this scenario your .6 grams of gold would be worth ... $952 / 31.103 X .58 = 17.74 per full gram X .6 = $10.64
The gold medal is 92.5% silver plated with 6 grammes of gold.
100
An Olympic Gold medal is worth 25,000 U.S. Dollars
250,000.00
About 650 bucks
As the Olympic Gold medals aren't entirely gold, they are around ₤500-₤2000
Each gold medal is made up of 92.5 percent silver and 1.34 percent gold, with the remainder copper. The value of the materials in the gold medal is about $644
i.no.very.little.about.gold.the.honour.of.winning.is.special.now.they.fantastic.........mr.phelps.a.one.off.collection.if.put.in.auction.starting.bid.i.do.not.know.100.mil
The BBC have just said 400 grammes per gold medal
The Olympic gold medal is plated with six grams of pure gold. The medal is mostly silver (92.5%).
A round medal with an Olympic logo on it.
Nigeria won her first Olympic gold medal in 1876
The Nobel Prize medal awarded in 1988 had a market value of approximately $365 in terms of its mineral content. The medal is made of 18-carat green gold, but its actual value may vary due to factors like fluctuating prices of gold and other metals.
No not really the gold medal has 92.5% silver