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How much is an Olympic bronze medal worth?

How much is an Olympic bronze medal worth?

Manu Bhaker, who won two bronze medals and made India proud, has recently complained about the deterioration of her medal's quality.

Although it was not expected, but the quality of Olympic medals has reportedly declined. India’s Manu Bhaker, who stamped India’s flag by winning bronze in the 10m air pistol event and another bronze in the 10m air pistol mixed team event, has complained that the colour of her medal has worn off. Currently, it is not in good shape. Adding to this, Bhaker is not the only athlete to raise this issue—several others have also come forward to report the deterioration in their medal quality.

It is now possible that all the athletes who have complained will receive replacement medals. Many athletes have posted pictures of their medal quality, which is currently the talk of the town. Since winning an Olympic medal is a big deal for India, do you know how much each medal is worth? Take a look at all the details to gain clarity.

Olympic Gold medal price

Speaking of the gold medal’s price, the Paris 2024 Olympics gold medal is valued at around $950, which is approximately INR 82,583 in India. Interestingly, the actual gold content in the medal is relatively small, with the majority of its weight coming from silver. In the recently held Paris Olympics, the gold medal weighs around 529 grams.

Olympic Silver medal price

Now, when it comes to the silver medal, it weighs around 525 grams and contains approximately 15.615 troy ounces of silver. Its price is estimated to be around $486, which is approximately INR 40,800.

Olympic Bronze medal price

The bronze medal, which Manu Bhaker won, weighs around 425 grams and is composed of copper, zinc, and, interestingly, iron sourced from the Eiffel Tower. In the recently held Olympics, the composition of the bronze medal included 415.15 grams of copper, 21.85 grams of zinc, and 18 grams of iron. Meanwhile, the silver medal contained 507 grams of silver and 18 grams of iron. Despite its symbolic value, the estimated monetary worth of the bronze medal is approximately $5.20 in INR 449.67.

How many Indians have won medals at the Paris Olympics?

No.AthleteEventSportMedal
1Manu BhakerWomen’s 10m air pistolShootingBronze
2Manu Bhaker-Sarabjot SinghMixed team 10m air pistolShootingBronze
3Swapnil KusaleMen’s 50m rifle 3 positionsShootingBronze
4Team IndiaMen’s eventHockeyBronze
5Neeraj ChopraMen’s javelin throwAthleticsSilver
6Aman SehrawatMen’s freestyle 57kgWrestlingBronze
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