With Simone Biles, Katie Ledecky, Gabby Thomas and extra athletes incomes gold medals on the 2024 Paris Olympics, Us Weekly began questioning how a lot their wins are price.
Jewellery knowledgeable Maxwell Stone from Steven Stone informed Us the medals truly aren’t “fabricated from stable gold.” As an alternative, the trophies are 92.5 p.c pure silver plated with “at the least 6 grams of 24-carat gold.”
“The worth of a gold medal depends upon the present market costs of silver and gold,” Stone defined. “Presently, 1 gram of gold is valued at $74.94, whereas 1 gram of silver is priced at $0.73. Based mostly on these costs, a gold medal is presently price roughly $831.43.”
Stone famous that as a result of the medals usually are not fabricated from stable gold, the items can get “dents and scratches” when bitten by athletes after their wins.
Biles, 27, was seen biting considered one of her gold medals with the remainder of her teammates — together with Suni Lee, Jordan Chiles, Jade Carey and Hezly Rivera — after they received the ladies’s creative gymnastics group last on July 30.
The ladies wrapped their arms round one another whereas inserting their medals in between their enamel and smiling.
Biles received two extra gold medals all through the Paris Video games for her efficiency within the ladies’s creative particular person all-around and girls’s vault competitions. She additionally took house a silver medal within the flooring train last.
Ledecky, 27, in the meantime, scored gold for profitable the ladies’s 800-meter swimming freestyle last on August 3. She additionally received a gold medal within the ladies’s 1500-meter freestyle, a silver medal within the ladies’s 4×200-meter freestyle relay race and a bronze medal within the ladies’s 400-meter freestyle.
Thomas, 27, additionally took house gold for profitable the ladies’s 200-meter dash on Tuesday, August 6.