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How much does each gold medal is worth?

Updated: 8/20/2019
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11y ago

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millons

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Q: How much does each gold medal is worth?
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How much 2012 Olympic gold metal each worth?

An Olympic Gold medal is worth 25,000 U.S. Dollars


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According to the Olympic Charter, the gold and silver medals must each be made of at least 92.5 percent pure silver and the gold medal must be gilded with at least six grams of gold.The price of gold changes daily. Assuming there's six grams of gold in each medal, each one would be worth about $500 at 2010 prices.The remainder of the gold medal is made out of silver. The price of silver also fluctuates, but at an average of $14.50 per troy ounce, the remaining silver in the gold medal hovers around $60.Additional facts: The Beijing 2008 medals also include Jade for the first time, which could impact the value. The 2010 Vancouver medals are the largest in Vancouver history, weighing at about a pound each.See related links for a Wall Street Journal article on the worth of Olympic medals.Read more: How_much_is_an_Olympic_gold_medal_worth