A single gold medal from the Milan Winter Olympics is worth close to $2500.

Due to the sharp increase in the prices of gold and silver, the value of the medals won by athletes at the 2026 Milan Winter Olympics may be much higher than in the past. Olympic gold medals are no longer made of pure gold. According to the International Olympic Committee's guidelines, the current requirement for gold medals is only that they contain at least 92.5% silver. The current Olympic gold medals are made up of 500 grams of silver plated with 6 grams of pure gold. Silver medals contain 500 grams of silver and no gold plating. Bronze medals are made of pure bronze. Based on current precious metal prices, the so-called "melt value" of an Olympic gold medal is approximately $2500, calculated solely based on mineral content. On Monday, the price of gold briefly rose to $5090 per ounce, which makes the value of the gold in a Winter Olympics gold medal reach $1018. Calculated at $83 per ounce, the value of the silver in the gold medal is approximately $1463. Based solely on the composition value, the total value of a gold medal reaches $2481.