What's an Olympic gold medal from the 2022 Winter Olympics worth? It's priceless, of course, but it also happens to be worth at least $750 at current metal prices.
IOC regulations are generally understood to require that Olympics gold medals contain at least 92.5% silver, plated with at least 6 grams of gold.
Assuming the Beijing Olympics gold medals are as heavy as the Tokyo ones, and keeping those composition rules in mind, there's almost $350 worth of gold and a little over $400 worth of silver in the medal -- $750.64 worth of precious metals in total.
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According to CNBC's markets team, the Tokyo gold medal was worth a bit more at the time -- about $820 at market prices last July.
Here's a more in-depth look at how the value of the Olympic gold medal's composition has changed due to precious metal inflation pic.twitter.com/B9lxhD0eM0
— Robert Hum (@HumOnTheMarkets) July 23, 2021
