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| Name | How Much are Olympic Gold Medals Worth? |
| Video Uploader | Video From Today I Found Out |
| Upload Date | This Video Uploaded At 16-08-2016 16:00:03 |
| Video Discription | →Subscribe for new videos every day! https://www.youtube.com/user/TodayIFoundOut?sub_confirmation=1 →How "Dick" came to be short for 'Richard': https://youtu.be/BH1NAwwKtcg?list=PLR0XuDegDqP2Acy6g9Ta7hzC0Rr3RDS6q Never run out of things to say at the water cooler with TodayIFoundOut! Brand new videos 7 days a week! More from TodayIFoundOut The Truth About Diamonds https://youtu.be/yplI48hSt2E?list=PLR0XuDegDqP0GESJ0DgpgTcThLJVEbFs8 Greased Pole Climbing in the Olympics... and 8 Other Sports Facts https://youtu.be/xmZpzVDr5M0?list=PLR0XuDegDqP1IHZBUZvKkPwkTr6Gr0OBO In this video: As far as the value of the raw materials in them, this varies from Olympiad to Olympiad. For the recent 2012 Olympics in London, the medals were the largest of any in Summer Olympic history up to that point, weighing in at 400g for the gold medal. Of this 400g, 394g was sterling silver (364.45g silver / 29.55g copper) with 6g of 24 karat gold plating. At the price of gold and silver when these medals were won by various Olympians, this means a gold medal in the London Olympics was worth about $624, with $304 of the value coming from the gold plating and about $320 coming from the sterling silver. Since then, the price of gold has dropped about 18% and the price of silver has dropped about 39%. Want the text version?: http://www.todayifoundout.com/index.php/2012/08/how-much-are-olympic-gold-medals-worth/ Sources: http://www.learcapital.com/thegoldmine/who-makes-gold-medals http://www.npr.org/blogs/thetorch/2012/08/01/157720030/whats-a-gold-medal-really-worth http://en.wikipedia.org/wiki/Gold_medal http://money.cnn.com/2012/07/18/news/economy/Olympic-gold-medal/index.htm http://www.learcapital.com/thegoldmine/olympic-gold-poster.html http://www.coinworld.com/news/world-coins/2016/06/eco-friendly-medals-2016-olympics.html# https://swimswam.com/monetary-worth-rio-medals/ https://www.rio2016.com/en/news/rio-2016-reveals-olympic-medals-celebrating-nature-and-sustainability |
| Category | Education |
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