Michelle Obama in gold dress with prince albert

Gold rush. The First Lady shines while chatting with Prince Albert of Monaco in Copenhagen. Photo: Getty Images

Michelle Obama is in Copenhagen to promote Chicago's bid for the 2016 Olympic games, and scored a perfect 10 in a burnt-gold lamé Rodarte sleeveless dress with fitted bodice and pleated, double-layered skirt that fell just below the knee.

With a Grace Kelly-esque updo, Mrs. O turned up her glamour quotient by accessorizing with three sparkly brooches (pinned to the frock's neckline), gold hoop earrings and a stack of gold bangles.

She was joined at the ceremony by Oprah Winfrey --we can't think of better representatives for the Windy City!

But despite Mrs. O and her golden glow, it wasn't meant to be for Chicago and the Olympics.

It was announced today that the 2016 games will be held in Rio de Janeiro or Madrid, but kicking Chicago out of the running "was one of the most shocking defeats ever handed down by the International Olympic Committee," reports Associated Press.

UPDATE 1:02pm: Rio de Janeiro is the official host of the 2016 Olympic games. Better practice that samba!

To get back in the spirit, check out Michelle Obama's winning looks in the below gallery.

Style Evolution: Michelle Obama
The First Lady of fashion has certainly been a risk-taker when it comes to fashion. Click through to check out some of her best (and most talked-about) looks right here!
Peter Macdiarmid, Getty Images
New Line Cinema/Warner Bros. Pictures

Style Evolution: Michelle Obama

    Copenhagen, Denmark, October 2, 2009
    In spite of Chicago losing its bid for the 2016 Olympic games, the First Lady is definitely a winner in this lemon brocade dress and matching cardigan.

    Peter Macdiarmid, Getty Images

    Copenhagen, Denmark, October 1, 2009
    Michelle Obama goes for the gold at the opening ceremony of the 121st IOC Session at the Copenhagen Opera House in this luminous dress with a fitted bodice and full pleated skirt. The First Lady's neckline is adorned in a trio of her go-to accessory - brooches. Her matching gold accessories and pull back 'do round out the look.

    Charles Dharapak, Pool/Getty Images

    Copenhagen, Denmark, September 30, 2009
    Similar to the watercolor prints we saw on the Spring 2010 runway, Michelle Obama (pictured here with IOC President Jacques Rogge) wears a swirl blue patterned skirt and jacket, cinched at the waist with a navy velvet belt. The First Lady adds a metallic touch with gold kitten heels.

    Charles Dharapak, AFP / Getty Images

    Copenhagen, Denmark, September 30, 2009
    In support of Chicago's 2016 Olympic bid, The First Lady gives a speech in a custom blue jacquard sheath by Jason Wu accentuated with a pearl necklace from Erickson Beamon's "The Peace at Last" collection.

    Charles Dharapak, Pool / AP

    Copenhagen, Denmark, September 30, 2009
    Michelle Obama deplanes in Copenhagen on her quest to campaign for Chicago's bid in the 2016 Olympic games wearing a Jason Wu tweed dress with a Zero + Maria Cornejo Ivy jacket in printed tweed and grosgrain belt. The First Lady adds a pop of collar with a pair of teal kitten heels.

    Michael Tercha, MCT

    Washington, D.C. September 26, 2009
    US President Barack Obama and Michelle arrive at the annual Congressional Black Caucus Phoenix Awards ceremony. Mrs. O wore a sheer Jason Wu sheath -- one of those simple, yet elegant pieces that made her a style star.

    Nicholas Kamm, AFP/Getty Images

    Pittsburgh, PA, September 25, 2009
    Michelle Obama poses with the G-20 leaders' spouses in a Zero + Maria Cornejo dress, cinched at the waist with a Sacai belt.

    Jewel Samad, AFP/Getty Images

    Pittsburgh, PA, September 24, 2009
    Mrs. O hosted a dinner party for the spouses during the G-20 Summit in a silk ruched Thakoon Resort 2010 frock (that showed off her chiseled physique!) and a pearl necklace.

    John Moore, Getty Images

    Pittsburgh, PA, September 24, 2009
    Michelle Obama deplanes Air Force One in a sheer Diane von Furstenberg dress. The First Lady paired the sea green dress with metallic flats.

    JIM WATSON/AFP/Getty Images

    New York, NY, September 23, 2009
    Embracing fall, First Lady Michelle Obama wears a burnt orange cocktail dress with a gathered waist and beaded bow embellishment to host world leaders at the Metropolitan Museum of Art. She accessorized her sheath with bronze heels and gold jewelry.

    U.S Department of State, flickr

Want more First Lady style? Michelle Obama clearly has black-tie dressing down, but she knows how to do casual, too.