Gold Medals at Olympics Have Little Gold
Gold medal contains mostly silver.
“Go for the silver!” All right, that won’t be the battle cry of most Olympians in pursuit of Olympic glory, but it’d be more accurate. That’s because gold medals contain mostly silver metal. Also, the silver medal consists mostly of sterling silver, while the bronze is mainly copper. The last time the Olympic Games awarded solid gold medals was 100 years ago at the 1912 Summer Games in Stockholm, Sweden. “Gold prices have risen sixfold in the last ten years alone,” said Terry Hanlon, president of Dillon Gage Metals in Dallas. “Prices climbed from $300 an ounce a decade ago to $1,895 last year.” Naturally, not as many winners will put their prize on eBay once reading this post.