The country who is hosting the Olympics
The Olympic committee of that country. 25,000$
The hosting country pays for the medals. They pay because it is there responsiblity for the Olympics and they have to take care of every thing.
According to the link on http://happyamsguy.blogspot.com/2008/08/singapore-pays-most-for-olympic-medals.html, it states the countries paying for Olympics Gold medal.
Italy-- $182.000 USD
Yes, the USOC pays the US athletes for medals. $25k for Gold, $15k for silver and $5k for bronze
The US Olympic committee pays an award bonus of $25,000 for a gold medal.
That will be based on the country. The US Olympic committee pays an award bonus of $25,000 for a gold medal. The United Kingdom pays nothing.
Aluminum pays the most money. However, recycling gold pays pretty well. :)