Tuesday, February 18th, 2025

Olympic Gold Medal: Is the Olympic gold medal made of real gold? You will be shocked to know the truth


Paris Olympic Gold Medal 2024 Value: The excitement of Paris Olympics 2024 is in full swing and players from all over the world are trying to perform their best. Every player has his/her eyes on the gold medal. Winning a gold medal is a huge achievement for any athlete, meanwhile India is also struggling to win its first gold medal in Paris Olympics 2024. Olympic medals use very little amount of gold and mostly silver and steel or iron.

Do you know that the Olympics How much percent of gold is there in a gold medal? (Paris Olympic Gold Medal Metal) is? The real value of a gold medal (What is Olympic Gold Medal cost)? Olympicsweight of gold medal (What is the Olympic Gold Medal weight)? Know the complete details here.

Gold medal weighs more than half a kilo, but only 6 grams of gold

According to an Instagram page named Wealth, a gold medal at the Paris Olympics weighs 529 grams and the price of an Olympic gold medal is $950 US Dollars i.e. approximately ₹79,740.

Famous French jeweler designed the gold medal

Famous French jeweler designed the gold medal

According to the Wealth Insta page, ‘The gold medal of the 2024 Paris Olympics has both historical and monetary significance. Each gold medal is made of approximately 500 grams of silver and is plated with only 6 grams of gold.’

This medal has been designed by the famous French jeweler Chaumet. Beautiful designs depicting France’s heritage and the Olympic spirit have been made on the medal.

Amount of gold and silver in a gold medal

Amount of gold and silver in a gold medal

A Paris Olympic gold medal weighs 529 grams. According to the rules of the International Olympic Committee, 95.4% of it i.e. 505 grams is silver and it is necessary to plate it with 6 grams of pure gold.

Disclaimer: The figures given are based on some available reports. presswire18 Times does not confirm these.

Eiffel Tower iron with gold and silver

Eiffel Tower iron with gold and silver

Apart from gold and silver, the remaining weight of the 529 gram medal is iron, which is used in making the medal. Interestingly, to make Paris Olympics 2024 memorable, the iron used in the medals has been taken from the famous Eiffel Tower built in Paris, France.

Paris Olympic Medal Price

Paris Olympic Medal Price

According to Oxford Economics, taking into account the current prices of gold, silver and iron, the true value of a Paris 2024 Olympic gold medal is estimated to be around ₹84,500 ($1,027). In comparison, a silver medal costs around ₹44,000 ($535) and a bronze medal costs around ₹1,000 ($12).

What if the medal was made entirely of gold?

What if the medal was made entirely of gold?

If the Paris Olympics gold medal was made entirely of gold, it would have been worth approximately $41,161.50 or Rs. ₹33,85,000.

When were pure gold medals last awarded?

When were pure gold medals last awarded?

The last time pure gold medals were given was in 1912. However, for the players, the importance of these medals is much more than their price or metal. The price of the medal is nothing in front of the hard work and dedication required to win an Olympic medal.

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