Olympic medals have doubled in value: One U.S. gold medalist swimmer just sold his for over $100K each

As athletes gear up for the 2026 Winter Olympics in Milan-Cortina, Italy, the financial stakes have climbed to unprecedented heights—and it’s not just because of the sponsorship deals or prize money. Soaring precious-metal prices have pushed the value of Olympic medals to historic highs.

Since early 2025, gold prices have nearly doubled, rising from $2,800 to over $5,000 per ounce—a nearly 80% jump over the past year as wary investors seek a safe haven. The recent rise is unprecedented after decades of modest growth...