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How much gold is used in an Olympic gold medal?

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Since its inception as part of the Olympics in 1896, the Olympic gold medal has actually been comprised of more silver than gold. read more

In total, the Brazilian Mint used almost 172 ounces of gold to create 812 gold medals; at the same time, more than 1.6 tonnes of silver were used in the gold medals and the 812 silver medals. That amounts to over $230,000 worth of gold and over $1 million worth of silver at current prices. read more

Going for (1%) Gold. For this year’s London Games, the gold medals are roughly 93% silver, 6% copper and 1% gold (as of this writing, that’s about $300 worth of gold). The silver medals are 92% silver and 8% copper. The bronze medals are 97% copper, 2.5% zinc and 0.5% tin. read more

Value of the Olympic Gold Medal The composition of the Olympic medals is controlled so that the value of modern medals does not vary too much from one set of games to the next. The estimated value of a gold medal awarded at the 2012 Summer Olympics was $620.82 (as of August 1, 2012, when the medals were being handed out). read more

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