According to article published by MarketWatch, since the games in 2012 in London, the prices of gold and silver have slumped 17% and 28%, respectively, shaving off a significant chunk of the intrinsic value of Olympic medals.
"The straight-up dollar value of a gold medal is now $601, down 12% from around $677 four years ago. That’s even though the medals at the Rio Olympics are the heaviest ever made for any Olympiad, coming in at 500 grams a pop, or 17.6 ounces," the article says.
