Discover the hidden role of silver in Olympic medals and explore the exciting world of gold and silver CFD trading with Zooe
The Olympic Games are a grand spectacle that unites the world, showcasing the pinnacle of athletic prowess and human spirit. As the 2024 Paris Olympics draw near, the anticipation is palpable. Athletes from around the globe will compete for the ultimate symbol of victory—the Olympic medal.
But here’s a question for you: Do you know which metal is most abundant in Olympic medals?
The Silver Secret: Unveiling the True Metal of Olympic Medals
When we think of Olympic medals, gold naturally comes to mind. However, the truth is far more intriguing. The most prevalent metal in Olympic medals is actually silver! Indeed, both gold and silver medals are primarily composed of pure silver. The gold medal is simply plated with a thin layer of gold, whereas the silver medal is solid silver. This design balances prestige with practicality, ensuring each medal remains valuable and symbolic.
Up until the 1912 Stockholm Games, gold medals were made almost entirely of gold. But the amount of gold making up the medals dropped from Antwerp 1920. This year at the Paris Olympics, the gold medals consist of 523 grams of silver, coated in 6 grams of gold. Silver medals weigh 525 grams and are made of pure silver, while bronze medals weigh 455 grams and are made of copper, tin and zinc. This year’s Olympic medals will depart slightly from their historical tradition, with the Paris Olympic medals including an iron piece from the Eiffel Tower, on top of their usual composition.
Harness the Power of Precious Metals with Zooe
Inspired by the legacy of Olympic medals, Zooe invites you to explore the world of gold (XAU) and silver (XAG) CFD trading on our platform. Here’s why Zooe is the perfect place to trade these precious metals:
- Diverse Trading Instruments: Gain access to a wide array of trading instruments, including gold and silver CFDs, to diversify and strengthen your portfolio.
- Competitive Spreads: Benefit from tight spreads with no hidden markups, ensuring maximum value for your trades.
- High Leverage: Leverage up to 500x to enhance your trading potential and seize market opportunities.
- Cutting-Edge Tools: Experience seamless trading with advanced tools and an intuitive interface designed for both novices and experts.
- Social and Copy Trading: Follow and emulate the strategies of successful traders with our innovative social trading features.
- 24/5 Client Support: Our dedicated support team is available around the clock to assist you with any questions or concerns.
Risk Reminder
Trading CFDs involves substantial risk and may not be suitable for everyone. You could lose more than your initial investment. Make sure you fully understand the risks involved and seek independent advice if necessary.
Join the Trading Olympians – Download the Zooe App Today
Ready to channel the spirit of the Olympics in your trading journey? Download the Zooe app now and start trading smarter with the metals that symbolize victory and excellence.
