How Much are Olympic Gold Medals Worth?
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As far as the value of the raw materials in them, this varies from Olympiad to Olympiad. For the recent 2012 Olympics in London, the medals were the largest of any in Summer Olympic history up to that point, weighing in at 400g for the gold medal. Of this 400g, 394g was sterling silver (364.45g silver / 29.55g copper) with 6g of 24 karat gold plating. At the price of gold and silver when these medals were won by various Olympians, this means a gold medal in the London Olympics was worth about $624, with $304 of the value coming from the gold plating and about $320 coming from the sterling silver. Since then, the price of gold has dropped about 18% and the price of silver has dropped about 39%.
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Sources:
http://www.learcapital.com/thegoldmin...
http://www.npr.org/blogs/thetorch/201...
http://en.wikipedia.org/wiki/Gold_medal
http://money.cnn.com/2012/07/18/news/...
http://www.learcapital.com/thegoldmin...
http://www.coinworld.com/news/world-c...
https://swimswam.com/monetary-worth-r...
https://www.rio2016.com/en/news/rio-2...