How Much Gold Is Hiding in the World Cup Trophy — and Why It’s Worth More Than Ever
The article highlights how gold’s sharp rally has dramatically increased the intrinsic value of the FIFA World Cup trophy. LSEG estimates the trophy’s 4.93 kilograms of pure gold are now worth about $713,000, more than double their value during the 2022 tournament, as spot gold trades above $4,100 per ounce. The move is framed as part of a broader safe-haven bid driven by weak U.S. jobs data, easing Fed tightening expectations, and renewed demand for defensive assets. The piece also notes that while the trophy’s metal value has surged, FIFA still values the original trophy at over $20 million due to heritage and prestige. Market-wise, the article underscores gold’s strength relative to crude oil weakness and suggests investors are rotating toward commodities amid macro uncertainty.