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