Sergio Camello came off the bench to score twice in extra time as Spain added Olympic gold to their glittering trophy cabinet with a thrilling 5-3 victory over France.
Three goals in 10 first-half minutes – two from Fermin Lopez and the other from Alex Baena – appeared to take the final away from Thierry Henry's hosts, who had led early on through Enzo Millot.
However, Maghnes Akliouche teed up a grandstand finish at the Parc des Princes, then Benat Turrientes' foul allowed Jean-Phillipe Mateta to force extra time with a 93rd-minute penalty.
Both teams threw caution to the wind in the additional period, but Camello was the hero, producing a wonderful lob and a breakaway second to secure gold for Spain.
The hosts took the lead with the very first attempt of the game as Millot pounced on a loose clearance to fire goalwards from the right side of the area. Spain goalkeeper Arnau Tenas seemed to misjudge the flight of the ball, palming it into the bottom-left corner.
However, Spain soon hit back through Barcelona youngster Lopez, who swept his finish into the bottom-left corner after being found in the middle of the area by Baena.
Buoyed by that strike, Spain built a two-goal lead within 10 further minutes. Lopez pounced for his second when Guillaume Restes could only parry Abel Ruiz's shot to put them 2-1 up, then Baena added the pick of the goals.
Lining up a free-kick just to the left of the D, the Villarreal man gave Restes no chance by whipping a sensational effort over the wall and into the top-left corner.
Manu Kone missed a great chance to cut Spain's lead when he nodded against the crossbar after the break, but Les Bleus' hopes were rekindled with 11 minutes to play as Michael Olise's free-kick was steered into the far corner by Akliouche.
There was more drama in stoppage time, with Turrientes clumsily dragging Arnaud Kalimuendo down from a corner. Mateta kept his nerve from the spot to level, though Turrientes almost redeemed himself with a dream winner when his shot clipped the crossbar at the other end.
France continued to press in extra time, but they were caught out in the 100th minute as Camello latched onto Adrian Bernabe's pass before sitting Restes down with a delicate chipped finish.
Camello was not done there, latching onto a long throw from Tenas as France threw players forward in stoppage time, before making sure of the gold by finishing past Restes.
Data Debrief: Roja end 32-year Olympic wait
Since an iconic Spain team featuring the likes of Pep Guardiola and Luis Enrique won gold on home soil at Barcelona 1992, La Roja have been reduced to the role of nearly men at the Games.
They were losing finalists at Syndey 2000 (versus Cameroon) and Tokyo 2020 (against Brazil), but they got over the line this time around, even if they had to go the distance.
With the senior squad winning a record-breaking fourth European crown last month and the under-23s claiming gold in Paris, it looks like this era of Spanish success could go on for some time yet.
Kerr says Curry the difference as Team USA win basketball gold
Steve Kerr described Stephen Curry as the difference after his 24-point haul helped Team USA claim Olympic gold with a 98-87 victory over France on Saturday.
Kerr's team held off a late charge from France to win their fifth straight Olympic gold, with Curry putting on a masterclass from 3-point range in the latter stages.
Curry shot 8-of-13 from 3-point range, sinking four of those efforts after Victor Wembanyama had dragged France within three points with three minutes remaining.
Despite working with Curry for 10 seasons in his role as Golden State Warriors coach, Kerr cannot get enough of watching the four-time NBA champion.
"Steph Curry ended up being the difference. The flurry at the end of the game was just incredible. Watching him never gets old," Kerr told Eurosport after the game.
"I want to give credit to France; they were amazing. It felt like we were going to break that game open but they just kept hanging in there.
"Congrats to France on the silver medal, it’s a great accomplishment.
"Winning a gold medal is a dream for any young athlete, so to be part of it is incredibly special, and I'm just thankful for the opportunity."
Wembanyama finished with a game-high 26 points for France, while Guerschon Yabusele also had 20 points, 15 of them coming in the first half.
France head coach Vincent Collet said: "For sure, it's a disappointment, because we expected that we could do it but, in the end, we have to recognise they were better.
"This is the greatest moment of my career and, to do it in Paris, it is something special. We had a dream to make it happen but it was impossible, USA were too good."
Team USA win basketball gold as Curry breaks French hearts
Team USA claimed their fifth straight Olympic gold in men's basketball with a 98-87 victory over France in Saturday's final, with Stephen Curry starring with 24 points.
Steve Kerr's star-studded United States side required a thrilling comeback to beat Nikola Jokic's Serbia in the semi-finals on Thursday, but a far better start put them on course for glory against the hosts in Saturday's gold-medal match.
The USA went into half-time with a nine-point lead thanks to some excellent early work from Devin Booker, though Guerschon Yabusele's 15 first-half points kept France in it, the highlight being a poster dunk on LeBron James.
France shot just 3-of-16 from field range through the first two quarters but got hot in the third quarter, outscoring the USA 25-23 to give themselves hope of a comeback.
Roared on by a vocal crowd at Bercy Arena – where Joel Embiid received plenty of jeers after rejecting the opportunity to represent France – the hosts made up more ground early in the fourth, thanks primarily to the efforts of Victor Wembanyama.
The NBA Rookie of the Year finished with a game-high 26 points – his first 20-point haul at the Paris Games – while also adding seven rebounds, dragging France to within three points with just under three minutes remaining.
However, Curry took charge from there, quietening the crowd with a majestic 3-pointer, his fifth of the game, and adding a further three jumpers before the buzzer.
The Golden State Warriors star finished with 24 points and was 8-of-13 from 3-point range, having also produced an incredible 36-point performance in Thursday's win over Serbia.
A couple of Kevin Durant free throws and a Booker layup helped the USA stetch their lead in the dying stages, claiming a record-extending 17th Olympic gold in men's basketball.
France, meanwhile, had to settle for a third silver in men's basketball, having also been beaten finalists at London 1948 and Sydney 2000.
Ederson commits to Man City stay after Guardiola talks
Ederson has confirmed he will stay at Manchester City for the upcoming season amid interest from Saudi Arabia, having held productive talks with boss Pep Guardiola.
Ederson has become a fan favourite at the Etihad Stadium since arriving from Benfica in 2017, winning six Premier League titles, two FA Cups, four EFL Cups and the Champions League.
However, the Brazil shot-stopper has seen his future called into question throughout the off-season, with Al-Ittihad and Al-Hilal both linked with a big-money move for him.
Ederson said last month he had yet to make a decision on his future, but that has changed after talks with Guardiola and others in the City hierarchy.
The 30-year-old has now committed his future to the club, telling ESPN Brazil after Saturday's Community Shield win over Manchester United: "The decision has been made.
"I will stay at Manchester City this season. I spoke to Pep and it was crucial.
"I'm happy to stay, fully focused on winning more titles here. I also spoke to the board, the directors, my team-mates and I'm staying."
Ederson saved a spot-kick from Jadon Sancho as City beat United on penalties at Wembley on Saturday, with Jonny Evans sending his kick over the bar before Manuel Akanji won it for City.
He also stepped up to convert City's fifth kick when a miss would have handed United victory, leading Guardiola to describe him as the club's joint-best penalty taker alongside Erling Haaland and Kevin De Bruyne.
Ederson has kept 112 clean sheets in 250 Premier League appearances for City, placing him joint-seventh in the competition's all-time charts for shutouts, alongside Peter Schmeichel.
Petr Cech (162), David de Gea (147), David Seaman (137), Pepe Reina (134), Hugo Lloris (127) and Tim Howard (116) are the only goalkeepers with more.
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