What's an Olympic gold medal worth? It's priceless, of course, but it also happens to be worth $820 at current metal prices.
According to CNBC's markets team, the 6 grams of gold and 550 grams of silver in the Tokyo Olympics' first-place medal are worth $353 and $466, respectively.
That $265 more than the 2018 medal was worth at the time of the PyeongChang Opening Ceremony -- even though this year's medal has about 30 grams less silver.
Blame inflation -- precious metals are worth much more today than they were three years ago.
Get Tri-state area news and weather forecasts to your inbox. Sign up for NBC New York newsletters.
The IOC has released guidance on how they will handle awarding medals at the Tokyo Olympics.
Copyright NBC New York
