Olympic Gold Weight
According to the Olympic Charter, prize medals must adhere to the regulatory 60 millimeters in diameter and three millimeters in thickness. Both gold and silver medals must be made with 92.5 percent pure silver. Gold medals must be gilded with at least six grams of gold. We tallied the countries with the most gold awarded in a summer Olympics since these regulations were developed in 1978 and the value of gold during that period.
Olympic Gold Weight
Price of gold per oz. (July 1980): $614
Most gold awards: 80 - USSR
Value per gold medal: $130
Total value: $10,400
Olympic Gold Weight
Price of gold per oz. (July 1984): $342
Most gold awards: 83 - US
Value per gold medal: $72.38
Total value: $6,007.54
Olympic Gold Weight
Price of gold per oz. (Sept 1988): $412.90
Most gold awards: 55 - USSR
Value per gold medal: $87.39
Total value: $4,806.45
Olympic Gold Weight
Price of gold per oz. (July 1992): $359.50
Most gold awards: 45 - Unified Team
Value per gold medal: $76.09
Total value: $3,424.05
Olympic Gold Weight
Price of gold per oz. (July 1996): $385.30
Most gold awards: 44 - US
Value per gold medal: $81.55
Total value: $3,588.20
Olympic Gold Weight
Price of gold per oz. (Sept 2000): $975.80
Most gold awards: 37 - US
Value per gold medal: $206.52
Total value: $7,641.24
Olympic Gold Weight
Price of gold per oz. (Aug 2004): $401.20
Most gold awards: 36 - US
Value per gold medal: $84.91
Total value: $3,056.76
Olympic Gold Weight
Price of gold per oz. (Aug 2008): $860.70
Most gold awards: 51 -China
Value per gold medal: $182.16
Total value: $9,290.16