A medal ceremony is held after each Olympic event is concluded. The winner, second and third-place competitors or teams stand on top of a three-tiered rostrum to be awarded their respective medals. After the medals are given out by an IOC member, the national flags of the three medalists are raised while the national anthem of the gold medalist's country plays. Volunteering citizens of the host country also act as hosts during the medal ceremonies, as they aid the officials who present the medals and act as flag-bearers. For every Olympic event, the respective medal ceremony is held, at most, one day after the event's final.
also see: trophies, custom pins and corporate awards
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