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Gold Silver facts

While investigating facts about Gold Silver Ratio and Gold & Silver Pawn Shop, I found out little known, but curios details like:

Tug-of-war used to be an Olympic sport. In the 1912 Olympics in Sweden, the host nation took gold, Great Britain took silver, and no one won bronze because only two teams showed up.

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It's been psychologically proven that bronze medal winners are happier than silver medal winners. Bronze medalists are happy they won anything, while silver medalists are disappointed they didn't get gold.

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In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what is the price of gold and silver. Here are 50 of the best facts about Gold Silverware and Gold Silver Price I managed to collect.

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  1. It's estimated that 16% of the world's gold and 22% of the world's silver is contained in Japan's electronics alone- so much that Japan is asking its citizens to donate old electronics to make the Olympic medals.

  2. The Japanese practice of repairing broken pottery with gold or silver lacquer (Kintsukuroi) is based on the philosophy that the object is more beautiful because it was broken

  3. The first Zildjian cymbals were created in 1618 by Avedis Zildjian, an alchemist who was looking for a way to turn base metal into gold. He made an alloy of tin, copper, and silver into a sheet of metal, which could make musical sounds without shattering.

  4. Japan aims to power the Tokyo Olympics with 100% renewable energy. They plan to use wind & solar energy to power the stadiums & athletes village. They also want to recycle the small amounts of gold, silver & copper from around 80,000 old phones by using the metals to create 5,000 medals.

  5. There was a copper scroll found among the Dead Sea Scrolls in 1952 that is not a literary work like the others. Instead it lists the locations of valuable treasures such as silver and gold that have been buried or hidden.

  6. Spanish conquistadors in America didn't realize the true value and rarity of platinum and only cared about gold, but counterfeiters would use platinum to make fake gold and silver, so the Spaniards would dump any confiscated platinum into the sea to try and combat this forging problem

  7. In 1984 Mcdonalds offered free Big Macs,Fries, or a Coke for each Gold Silver or Bronze in the Olympics. During that year the Soviet Union boycotted the US olympics and therefore the US got many more medals than expected which became a huge failure for Mcdonalds

  8. Luz Long, a German athlete, gave Jesse Owens advice during the long jump. Long won the silver medal, Owens won the gold. Long was killed in WWII, but Owens befriended Long's son and served as the best man at his wedding.

  9. Its been shown bronze medal winners are happier than silver medal winners. This is due to counterfactual thinking: the silver medalists are more likely to compare themselves with gold medalist, while the bronze medal winners are more likely to compare themselves with 4th place finishers.

  10. Every American gold or silver medalist in the 100 meter sprint since 1988 was eventually busted for doping.

gold silver facts
What is the current price of gold and silver?

Gold Silver data charts

For your convenience take a look at Gold Silver figures with stats and charts presented as graphic.

gold silver fact data chart about A Look at Reddit's Gilding Changes: Number of Gold and Silve
A Look at Reddit's Gilding Changes: Number of Gold and Silver Given Per Platinum vs The Reddit Coins Cost Ratio (1 Plat:3.6 Gold:18 Silver).

Why gold silver bronze?

You can easily fact check why gold silver and platinum are used to make jewellery by examining the linked well-known sources.

Pirates rarely plundered gold, silver, and jewels. Their most common plunder was trade goods such as bolts of cloth, tanned animal skins, spices, sugar, dyes, cocoa, tobacco, cotton, and wood.

Olympic gold medals are only 1% gold and 92.5% silver. They would be worth over $25k if they were pure gold but instead the medal value is only approximately $600. - source

Pokemon Gold and Silver which sold 23 million copies were developed by only 4 programmers.

Certain metals (including copper, brass, silver, and gold) are naturally antimicrobial. A brass doorknob will self-sterilize in about eight hours if left untouched. - source

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Norway reserves the right to repurchase Orkney and Shetland (and its billions in oil reserves) for a fixed sum of gold and silver, worth around £800k

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At the 1912 Stockholm Olympics, Hawaiian American Duke Kahanamoku overslept and missed his qualifying heat in the 100m freestyle. His main rival, Cecil Healy of AUS, convinced judges to hold a special qualifying race for Duke. Duke ending up going on to win the gold, and Cecil took silver

Norway has the won the most gold medals in winter Olympic history and is the only nation to have at least 100 medals of each gold, silver, and bronze

Max Woosnam, possibly the greatest sportsman of all time. He won gold & silver Olympics medals, a doubles title at Wimbledon, hit a 147 break in snooker, a century at Lords cricket ground and captained Manchester City and England football teams. He also played off a 0 handicap at golf.

The photo on the cover of Neil Young's album "Silver and Gold" was taken with his daughter's Game Boy camera.

Before Saladin died in 1193, he had given away all his wealth to his poor subjects. His estate consisted of 1 piece of gold and 40 pieces of silver, not enough to pay for his funeral.

When was silver worth more than gold?

A Roman goldsmith may have discovered aluminum metal 1800 years before modern chemists did, but Emperor Tiberius had the discoverer killed in order to ensure the metal would not diminish the value of his own gold and silver assets

Until 1735 no new metals had been discovered since prehistoric times; iron, copper, silver, gold, zinc, mercury, tin, lead & bismuth. When Georg Brandt recognised a tenth, Cobalt, he became the first ever known person to discover a metal. For thousands of years cobalt was mistaken for bismuth.

Winston Churchill presented Joseph Stalin with a ceremonial Sword of Stalingrad in 1943. It was constructed of gold, silver, and crystal. Stalin kissed the sword and handed it to Marshal Voroshilov - who promptly dropped it.

Kintsukuroi" is the Japanese art of repairing pottery with gold or silver lacquer and understanding that the piece is more beautiful for having been broken.

Kintsugi is the Japanese art of repairing broken pottery by mending the areas of breakage with lacquer dusted or mixed with powdered gold, silver, or platinum. As a philosophy, it treats breakage and repair as part of the history of an object, rather than something to disguise.

How to sell gold and silver tax-free?

Before becoming President of Nauru, Marcus Stephen was at one time his country's only weightlifter, but went on to win 7 gold and 5 silver medals at the Commonwealth Games (Olympics style event held for former British colonies)

Why coins have ridges on the sides... Criminals in the 1700s saw they could make a good profit by filing shavings from the sides of gold and silver coins. Today’s coins contain no precious metals but, you’ll still find those ridges to make them distinguishable for visually impaired people.

A failed experiment of an 18 year old English chemist in search of a treatment for malaria in 1856 produced one of the world's first synthetic dyes for the color purple, which severely impacted economic trade as some natural dyes were major commodities more valuable than silver or gold

Chinese folklore's "Pixiu", a creature that was banished from the heavens for being unruly--; It was spanked by the Jade Emperor so hard that its butthole was sealed, leaving it cursed to a diet of gold, silver, and jewels but unable to expel any of it.

Olympic Gold Medals are Actually made of Silver. 1912 was the last Olympics to hand out solid gold medals. Today's gold medals are 92.5% silver.

The discovery of the San Jose Shipwreck. Considered the Holy Grail of Shipwrecks, its loot is valued at $17B in Gold, Silver and Emeralds. The ship went down on Jun 8, 1708 and was lost at sea until 2015 off the coast of Columbia. Its exact location is kept secret today.

Once Iron begins to form in the heart of a giant star it only has seconds to live before it explodes into a supernova and most of the heavier elements such as Gold and Silver are formed in the resulting explosion.

The Throne of Denmark is made of narwhal tusks, which were claimed to be unicorn horns, and is flanked by three life-sized silver lions, inspired by the legend of King Solomon's throne, said to be surrounded by 12 gold lions.

Electrum is the alloy of silver and gold, and humanity's first metal coins were made out of it.

Usain Bolt has never won a bronze medal in major competition. He has 16 golds and two silvers to his name.

A US treasure hunter found over $500M worth in gold and silver from Peru sunk in the Atlantic ocean. A legal fight forced them to return the booty to Spain. Some of the coins reportedly found are still "missing".

Vikings once seized Paris and held it at ransom until they received 2,570 kilograms of Silver and Gold

Yukon Cornelius, the prospector from Rudolph the Red Nosed Reindeer, wasn't searching for "silver and gold" but a peppermint mine.

Margaret Thompson was the first woman to win an Olympic medal in a shooting sport (silver) in 1976 after tying with the gold medal winner. When the Olympic committee refused a shootoff, the gold medalist pulled Thompson onto the gold medal platform with him.

Paralympic medals from Rio rattle. A different sound depending whether its Bronze, Silver or Gold to help blind athletes

This is our collection of basic interesting facts about Gold Silver. The fact lists are intended for research in school, for college students or just to feed your brain with new realities. Possible use cases are in quizzes, differences, riddles, homework facts legend, cover facts, and many more. Whatever your case, learn the truth of the matter why is Gold Silver so important!

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