How Much Is A Olympic Gold Medal Actually Worth?

Benchmarks Nifty23,639.15-227.7FEATURED FUNDS★★★★★HDFC Value Fund Direct Plan-Growth5Y Return15.72 % Invest NowFEATURED FUNDS★★★★★Motilal Oswal Midcap Fund Direct-Growth5Y Return21.22 % Invest NowEnter search text:HomeETPrimeMarketsMarket DataMasterclassIPONewsIndustrySMEPoliticsWealthMFTechAICareersOpinionNRIPanacheMore MenuIndiaEconomyEconomy DashboardAgricultureFinanceForeign TradeIndicatorsInfrastructurePolicyPoliticsNewsblogsElectionsAssembly ElectionsWest BengalAssamTamil NaduKeralaPuducherrySportsICC Men's T20 World CupIPL 2026MoreScienceDefenceInternationalUS NewsGlobal TrendsTrump Action TrackerCanada NewsUK NewsAustraliaNew ZealandSaudi ArabiaUAESingaporeHong KongBusinessWorld NewsET ExplainsCompanyCorporate TrendsIndustryTrendingDecodedMorning Brief PodcastET EvokeBengaluru NewsPune NewsMumbai NewsVideosLatest NewsMost ReadMost SharedMost CommentedBusiness News›News›Decoded›How much is a Olympic gold medal actually worth?

The Economic Times daily newspaper is available online now.

Read Today's Paper How much is a Olympic gold medal actually worth?SECTIONSHow much is a Olympic gold medal actually worth?By Alexandra E. Petri, New York TimesLast Updated: Feb 13, 2022, 05:17:00 PM ISTRate StoryFollow usShareFont SizeAbcSmallAbcMediumAbcLargeSavePrintCommentSynopsis

According to the International Olympic Committee, gold medals are required to be at least 92.5% silver and are plated with about 6 grams of pure gold.

AP

The medal counts are ticking up, with dozens of golds awarded so far to countries including Slovenia, New Zealand, Germany and China.But how much is a gold medal worth?According to the International Olympic Committee, gold medals are required to be at least 92.5% silver and are plated with about 6 grams of pure gold.A spokesperson from the Beijing 2022 committee confirmed that this year’s gold medal follows those regulations. That works out to be $758 worth of gold and silver in those medals, according to Philip Newman, a founding partner and managing director of Metals Focus, a London-based research firm.At last year’s Tokyo Games, the gold medals, which again were predominantly silver with about 6 grams of pure gold, were worth about $800 in gold and silver.Although the medals carry sentimental value, athletes through the years have sold their medals, citing financial hardship or to raise money for charities.

Live Events

Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel)Read More News onolympic medal wortholympicsolympic medalgold medalbeijing olympics(You can now subscribe to our Economic Times WhatsApp channel)Read More News onolympic medal wortholympicsolympic medalgold medalbeijing olympicsPrime ExclusivesInvestment IdeasStock Report PlusePaperWealth Edition

• 

  AI is reshaping lending, and why it’s bad news for traditional banks

• 

  AI puts India’s USD190-billion services trade surplus at a crossroads

• 

  Prashant Jain’s contrarian masterstroke: From IT exit to SBI super bet

• 

  Why new law to avoid a Go First repeat fails to calm global aircraft lessors

• 

  Stock Radar: Natco Pharma stock shows rounding bottom formation; should you buy the stock for long term?

• 

  Buy, Sell or Hold: Morgan Stanley maintains underweight on Dixon; Citi cuts target price on IndiGo

• 1
• 2
• 3

View all Stories

Videos

• 

  ‘De-escalation and dialogue are the only way forward’: UN

• 

  Iran to allow safe transit for Indian ships in Persian Gulf

• 

  West Asia War Day 13: Tehran drone strikes, Indian tanker hit near Iraq

• 

  Middle East war: ‘Expressed deep concern,’ PM Modi speaks to Iran’s prez

• 

  Don’t panic book LPG cylinders, Petroleum Ministry urges consumers

• 

  LPG crisis: Rahul targets govt inside & outside Parliament

• 

  Sanjay Singh targets PM over gas shortage row

• 

  Saayoni Ghosh's fiery speech on Om Birla's no-confidence motion

• 

  How LPG Shortage Is Impacting India

• 

  ‘No one above rules’: Om Birla returns to chair

• 1
• 2
• 3

Videos

• 

  ‘De-escalation and dialogue are the only way forward’: UN

• 

  Iran to allow safe transit for Indian ships in Persian Gulf

• 

  West Asia War Day 13: Tehran drone strikes, Indian tanker hit near Iraq

• 

  Middle East war: ‘Expressed deep concern,’ PM Modi speaks to Iran’s prez

• 

  Don’t panic book LPG cylinders, Petroleum Ministry urges consumers

• 

  LPG crisis: Rahul targets govt inside & outside Parliament

• 

  Sanjay Singh targets PM over gas shortage row

• 

  Saayoni Ghosh's fiery speech on Om Birla's no-confidence motion

• 

  How LPG Shortage Is Impacting India

• 

  ‘No one above rules’: Om Birla returns to chair

• 1
• 2
• 3

Latest from ET

• The Iran war may be putting India’s dosa and AI dreams on ice
• US refuelling aircraft crashes over Iraq
• In times of war, India looks to China for help

Top Trending News

• icai. nic. in Results LiveHappy Women's day wishes Quotes Images 2026Happy Holi 2026India vs West Indies live streaming
• Ayatollah Ali Khamenei DeathPoints Table T20 World CupNifty 50 Live UpdatesNTA Jee Mains Result 2026 LIVE Updates
• AI Summit 2026 Live UpdatesWhy Stock market is open today?Ajit Pawar Plane CrashIndia Republic Day Parade Live
• Flag Hoisting TimeMLK Day 2026 Is today a holiday in the USBharat Coking Coal IPO Allotment StatusPhilippines Landfill Collapse
• Baba Vanga predictionsE. Coli bacteria found in Bhopal's groundwaterOdisha Plane CrashHrithik Roshan Birthday
• USS Iwo Jima8th Pay Commission Implementation Date3I/ATLASQuote of the Day by Warren Buffett
• FIFA peace prizeCloudflare outageCyclone Ditwah Tracker Live UpdatesSensex Nifty 50 All Time High Live
• Cloudflare StockCloudflare Issue Resolved?

Enter search text:

Find this comment offensive?

Choose your reason below and click on the Report button. This will alert our moderators to take action

Name

Reason for reporting:

Foul languageSlanderousInciting hatred against a certain communityOthers

Your Reason has been Reported to the admin.

X

To post this comment you must

Log In/Connect with:

The Economic Timesor

Fill in your details:

Will be displayed

Will not be displayed

Will be displayed

Share this Comment:

Post to Twitter

Stories you might be interested in

Subscribe to ourET Investment OpportunitiesSUBMIT