sports

February 10, 2026

How much gold is in an Olympic gold medal, and how much is it worth?

Updated on: February 10, 2026 / 10:23 AM EST / CBS News

How much gold is in an Olympic gold medal, and how much is it worth?

TL;DR

  • The melt value of an Olympic gold medal is approximately $2,500 due to high gold and silver prices.
  • Gold medals are made of 500 grams of silver plated with six grams of gold; silver medals are 500 grams of silver.
  • Gold prices have reached record highs, significantly increasing the component value of Olympic medals.
  • Beyond melt value, Olympic medals hold significant collectible value, with some selling for tens of thousands to millions of dollars.
  • Athletes like Jesse Owens and Greg Louganis have sold medals for substantial sums, sometimes to fund personal needs or charities.
  • Some athletes, like Ryan Lochte, are less sentimental about medals, viewing memories as more important.
  • There are ongoing investigations into reports of some Olympic medals breaking.

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