Gold medals of Olympic are not entirely gold?

Gold medals of Olympic are not entirely gold? Did you know that. Weighing 529 grams, the medal contains only 6 grams (1.3%) of genuine gold. The rest are made of silver. The top of the medal has a gold coating. The gold medal of Paris Olympics 2024 also contains only 6 grams of gold. The rest is made of silver. According to Oxford Economics, the price of this medal is 950 Euros (about Rs. 85,928). It is expected to reach 1,500 euros by 2032.

Before World War I, Olympic gold medals were mostly made of gold. But after the war, the amount of gold was reduced to reduce costs. Since the 1920 Antwerp Games, the amount of real gold in Olympic gold medals has been declining. Silver medals are made entirely of silver, while bronze medals are made of an alloy of copper, tin and zinc.

The Paris Olympics 2024 gold medal is special for many reasons. It also contains a piece of iron taken from the Eiffel Tower. That came out during the renovation of the tower, Officials have kept this historic piece,. It is now inscribed on a medal with the symbol of Paris 2024.

Paris 2024 officials and famous French jewelry and watch manufacturer Chaumet worked together to design the medal. Oxford Economics estimates that the value of Olympic gold medals will increase significantly over time. By the 2032 Brisbane Summer Games, its value could reach €1,500. This shows that these medals are not only a sporting award, but also a priceless legacy.