Overview
- Based on current spot prices, a Milano–Cortina gold is worth about $2,300 in metal and a silver about $1,400, while bronze is worth only a few dollars.
- Since Paris 2024, spot gold has risen roughly 107% and silver about 200%, pushing material values to unprecedented levels.
- Each “gold” medal weighs about 506 grams but contains only around 6 grams of pure gold, with the rest largely silver, and the pieces are struck by Italy’s state mint.
- More than 700 medals will be awarded across the Olympics and Paralympics in Italy.
- Italy pays €180,000 for gold, €90,000 for silver and €60,000 for bronze, while national payouts vary widely, and a new $100 million private gift will grant $100,000 to each U.S. athlete simply for participating.