At the 1896 Summer Olympics, winners received a silver medal and the second-place finisher received a bronze medal. In 1900, most winners received cups or trophies instead of medals. The next three Olympics (1904, 1908, 1912) awarded the winners solid gold medals, but the medals themselves were smaller. The use of gold rapidly declined with the onset of the First World War and also with the onset of the Second World War.[5]
The last series of Olympic medals to be made of solid gold were awarded at the 1912 Summer Olympics in Stockholm, Sweden.
Olympic gold medals are required to be made from at least 92.5% silver, and must contain a minimum of 6 grams of gold.[6] All Olympic medals must be at least 70mm in diameter and 3mm thick.
Notice gold disappears right after 1913 and formation of the Fed Reserve! haha