The medal counts are ticking up, with dozens of golds awarded up to now to international locations together with Slovenia, New Zealand, Germany and China.
However how a lot is a gold medal value?
In keeping with the Worldwide Olympic Committee, gold medals are required to be not less than 92.5 p.c silver, and are plated with about 6 grams of pure gold.
A spokesman from the Beijing 2022 committee confirmed that this yr’s gold medal follows these rules. That works out to be $758 value of gold and silver in these medals, in response to Philip Newman, a founding companion and managing director of Metals Focus, a London-based analysis agency.
At last year’s Tokyo Games, the gold medals, which once more had been predominantly silver with solely about 6 grams of pure gold, had been with value about $800 in gold and silver.
Although the medals carry sentimental worth, athletes via the years have sold their medals, citing monetary hardship or to lift cash for charities.
https://www.nytimes.com/2022/02/10/sports activities/olympics/gold-medal-price-value.html How A lot Is an Olympic Gold Medal Truly Value?
