{"id":64623,"date":"2026-02-09T20:40:09","date_gmt":"2026-02-09T20:40:09","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/how-much-is-a-2026-winter-olympics-gold-medal-worth-as-precious-metal-prices-soar\/"},"modified":"2026-02-09T20:40:09","modified_gmt":"2026-02-09T20:40:09","slug":"how-much-is-a-2026-winter-olympics-gold-medal-worth-as-precious-metal-prices-soar","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/how-much-is-a-2026-winter-olympics-gold-medal-worth-as-precious-metal-prices-soar\/","title":{"rendered":"How much is a 2026 Winter Olympics gold medal worth as precious metal prices soar?"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div id=\"\">\n<p>The medals athletes win during the\u00a0<span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/feature\/milan-winter-olympics-2026\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">2026 Winter Olympics<\/a><\/span>\u00a0in Milan could be far more valuable than in past games because of soaring\u00a0<span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/gold-price-5000-tensions-trump\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">gold and silver prices<\/a><\/span>.<\/p>\n<p>Olympic gold medals are no longer made of solid gold. The last time a pure gold medal was awarded was at the 1912 Summer Olympic Games in Stockholm, Sweden, Bobby Eaton, an Olympics memorabilia expert at Boston-based RR Auction, told CBS News. Now, the International Olympic Committee only requires that gold medals consist of at least 92.5% silver, according to IOC guidelines.<\/p>\n<p>Olympic gold medals today are composed of 500 grams of silver plated with six grams of pure gold. Silver medals contain 500 grams of silver and no gold plating. Bronze medals are solid bronze.\u00a0<\/p>\n<p>At current precious metal prices and based solely on the mineral contents, the so-called &#8220;melt value&#8221; of an Olympic gold medal is around $2,500.<\/p>\n<p>On Monday, the\u00a0<span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/what-is-the-price-of-gold-today\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">price of gold<\/a><\/span>\u00a0rose to $5,090 per ounce. Six grams is equal to 0.2 ounces, giving the gold contained in the Winter Olympic medals a value of $1,018. At $83 an ounce, the silver contained in a gold medal is worth about $1,463. That would make a gold medal worth $2,481, just based on the value of its components.\u00a0<\/p>\n<p>Gold prices soared to record highs last month, <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/gold-price-5000-tensions-trump\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">surpassing $5,000<\/a><\/span> for the first time, as investors flocked to the precious metal to hedge against risks related to geopolitical uncertainty and rising global debt.\u00a0<\/p>\n<h2>No melting down history<\/h2>\n<p>Of course, Olympic medals typically have a far greater financial value because of their historical significance and collectability. If an athlete were to try to sell their medal soon after the games, they could fetch between $50,000 and $80,000, Eaton told CBS News.<\/p>\n<p>&#8220;There is a discrepancy between the melt value and actual collectible value,&#8221; he said.<\/p>\n<p>While most Olympic athletes hold on to their hard-earned medals, some prize winners resell them for prices that can reflect their prestige and significance. In 2013, one of four gold medals won by U.S. track and field athlete Jesse Owens at the 1936 Olympic Games in Berlin was auctioned for $1.47 million \u2014 a record for an Olympic medal, according to SCP Auctions, which <a href=\"https:\/\/catalogs.scpauctions.com\/online-auctions\/scp-auctions-inc\/jesse-owens-1936-olympic-gold-medal-from-berlin-germany-from-the-estate-of-bill-bojangles-robinson-5961452\" target=\"_blank\" rel=\"nofollow noopener\">handled<\/a> the sale.\u00a0<\/p>\n<p>More recently, swimming champ Ryan Lochte in 2022\u00a0<a href=\"https:\/\/www.rrauction.com\/landing\/page\/357-ryan-lochte-collection\/\" target=\"_blank\" rel=\"nofollow noopener\">auctioned<\/a> six of his medals \u2014 three silver, three bronze \u2014 to raise money for a children&#8217;s charity. Over four Olympics, he won a total of 12 medals, including six gold.\u00a0<\/p>\n<p>&#8220;I&#8217;m not one to be all sentimental about medals,&#8221; Lochte <a href=\"https:\/\/apnews.com\/article\/winter-olympics-entertainment-sports-beijing-philanthropy-a783c7c537c384a7f7d1583373e99b80\" target=\"_blank\" rel=\"nofollow noopener\">told<\/a> The Associated Press at the time. &#8220;My medals are just sitting in my closet collecting dust. The memories that I have is what means the most.&#8221;<\/p>\n<h2>Handle with care<\/h2>\n<p>This year&#8217;s medals are drawing attention for another reason that could presumably take some of the shine off. The Olympics Organizing Committee said it is investigating an &#8220;issue affecting a small number&#8221; of the prizes after some athletes complained that their\u00a0<span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/2026-winter-olympics-medals-breaking\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">medals had broken<\/a><\/span>.<\/p>\n<p>&#8220;Don&#8217;t jump in them,&#8221; Breezy Johnson,\u00a0<span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/breezy-johnson-team-usa-gold-medal-milano-cortina-womens-downhill-lindsey-vonn\/\" data-invalid-url-rewritten-http=\"\">who won the gold medal<\/a><\/span>\u00a0in downhill skiing for Team USA on Sunday, told reporters after her race.\u00a0<\/p>\n<p>&#8220;I was jumping in excitement and it broke. I&#8217;m sure somebody will fix it\u00a0<em>\u2014<\/em>\u00a0it&#8217;s not like crazy broken\u00a0<em>\u2014<\/em>\u00a0but it&#8217;s a little broken,&#8221; she said.<\/p>\n<section class=\"content__body--footer\">\n<p class=\"content__meta--editors\">\n      Edited by<\/p>\n<p>                                  <a href=\"https:\/\/www.cbsnews.com\/team\/alain-sherter\/\" class=\"byline__author__link\" data-invalid-url-rewritten-http=\"\">Alain  Sherter<\/a>\n                      <\/p>\n<\/section>\n<p>  <!-- data-recirc-source=\"chartbeat\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation  component--type-recirculation-collection\">\n<div class=\"component__heading-wrapper recirc\">\n<h3 class=\"component__title\">Milan Winter Olympics 2026<br \/>\n                          <a href=\"https:\/\/www.cbsnews.com\/feature\/milan-winter-olympics-2026\/?intcid=CNI-00-10aaa3a\" class=\"component__view-more component__view-more--lg\" 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data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/news\/winter-olympics-2026-gold-medal-prices\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The medals athletes win during the\u00a02026 Winter Olympics\u00a0in Milan could be far more valuable than in past games because of<\/p>\n","protected":false},"author":1,"featured_media":64624,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[5820,2166],"class_list":["post-64623","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-watch","tag-milan","tag-olympics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ 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