Athletes who stand on the podium of the Winter Olympics in Italy this month will receive the most expensive medals in the history of the games, thanks to a sharp rise in precious metal prices. More than 700 gold, silver, and bronze medals will be awarded to the world's top winter athletes.
Although their sentimental value is immeasurable, from a purely financial perspective, these medals will be worth more than ever before. Since the Olympic Games in Paris in July 2024, spot prices for gold and silver have increased by 107% and 200%, respectively, according to FactSet data, as reported by CNN.