Tokyo Olympics

This Year's Olympic Gold Medal Is Worth $820 (Plus Whatever You Spent to Get There)

The gold medal at the Tokyo Olympics has 556 grams of gold and silver

NBCUniversal Media, LLC

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.

The IOC has released guidance on how they will handle awarding medals at the Tokyo Olympics.
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