New Zealand have claimed the gold medal after defeating France 26-12 in the final.
After a dramatic semi-final win over Fiji, NZ cruised to victory to add the final piece of silverware not already in their extensive cabinet.
Meanwhile, Australia bounced back from their disappointing defeat in the quarters, securing fifth after wins over ROC and USA.
RECAP ALL THE ACTION FROM DAY THREE BELOW IN OUR LIVE BLOG
19:00 - NEW ZEALAND CLAIM GOLD
New Zealand have avenged their Rio defeat, defeating France 26-12.
11': Tyla Nathan-Wong scores under the post for the Kiwis.
9': Anne-Cécile Ciofani scores after the break for France to reduce the margin.
7': Stacey Fluhler adds to the lead at the break
6': Semi-final hero Gayle Broughton scores in the corner as the margin extends to a converted try
4': France hit back as Caroline Drouin strolls through a big hole in the NZ defence
2': Michaela Blyde crosses for the first try of the match.
18:30 - FIJI CLOSE OUT GB FOR BRONZE
Fiji have capped off their tournament with bronze as they overcame Great Britain 21-12
Alowesi Nakoci tormented GB early on, scoring two quick tries as Fiji pushed for bronze.
They would hit back before the break through skipper Megan Jones.
Reapi Ulunisau scored their third try of the match as Fiji restored their lead.
Whilst Jones went in for her second, it was too late for GB as Fiji claimed the bronze medal.
18:00 - AUSTRALIA SECURE FIFTH
Australia has gained a matter of revenge over the USA, defeating them 17-5 to claim fifth
13': Demi Hayes restores the margin for Australia after some powerful runs
11: Kristi Kirshe hits back for America
7': Madison Ashby extends the lead on the siren as Australia lead 10-0
6': Australia break the deadlock as Faith Nathan scores in the corner
3': Some strong defence by the Americians early on but the Aussies continue to attack
PARRY RETURNS TO THE 12-WOMAN SIDE, REPLACING MADDISON LEVI
17:30 - CHINA CLAIM SEVENTH
China have wrapped up their impressive tournament with a 22-10 win over ROC to claim seventh.
Alena Tiron got ROC off to an ideal start as they scored in the corner, followed over Kristina Seredina.
A yellow to Marina Kukina allowed China back into the contest on the half-time siren through Wanyu Wang.
With Kukina still in the bin, Min Yang took advantage of the overlap to give China the lead, extended by Xiaoyan Yu.
Keyi Chen sealed the game with a try under the posts as China claimed seventh.
12:30 - FRANCE HOLD OFF GREAT BRITAIN TO REACH FINAL
France will play New Zealand in the final after a thrilling 26-19 win over Great Britain
Ciofani continued her dominance as she opened the scoring for France, with Seraphine Okemba scoring two minutes later.
Jasmine Joyce hit back for GB twice to stem the flow of the early French dominance.
However, France were motivated to make their first Olympic final as Coralie Bertrand latched onto the score to put them up 21-12 at the break.
They would extend the lead after the break as Ciofani crossed for her second.
Great Britain hit back through Hannah Smith as they pushed to tie it up, however France held on for the win as they book a place with New Zealand in the final.
12:00 - NEW ZEALAND CLAIM EPIC WIN OVER FIJI
New Zealand have claimed an epic 22-17 win over Fiji in one of the greatest games in Olympic Sevens history
Gayle Broughton drew first blood for the Kiwis, with Fiji answering right back through Vasiti Solikoviti.
It looked like Ruby Tui would give NZ the lead at the break, however, a brilliant goal-line tackle from Alowesi Nakoci forced Tui to knock it on.
Fiji's Vasiti Solikoviti would then race home after some brutal defence to extend their lead.
Cometh the hour, cometh the woman as Portia Woodman burns the Fijian defence to level it up
Whilst Stacey Fluher looked to have won it for NZ, Ulunisau found a way through to send it to extra-time.
In the end, the Kiwis were too strong as Broughton scored in the third minute of extra time.
11:30 - USA BOOK AUSTRALIA REMATCH
The USA and Australia will resume their Olympic rivalry as they defeated China 33-14
Kris Thomas stunned China early on, crossing after just nine seconds. However, they refused to drop their heads as Wanyu Wang bursts away to level the scores.
Thomas added her second try for the match whilst China blew a golden opportunity to level the scores as Tang drop it over the line.
A yellow card compounded China's woes as USA extended the lead.
Whilst China would hit back, the US kept the advantage to book a rematch against Australia
11:00 - AUSTRALIA BOUNCE BACK WITH DOMINANT VICTORY
Australia have cruised to a 35-7 win over ROC
14': Maddison Levi finishes the game off with a try of her own
12': Sariah Paki takes advantage of a ROC yellow card as she crosses for Australia's fourth try
11': Tonegato adds her second as she brushes off a pair of ROC defenders to score
7': Russia reduce the margin via Elina Zdrokova on the siren
4': Emma Tonegato bursts through after some wild passing from the Aussies, Sariah Paki finding space with a lineout-esque throw BPA would be proud of
2': Faith Nathan opens the scoring for Australia as she races away from the ROC defenders
SHANNON PARRY DROPS OUT OF 12-WOMEN SQUAD FOR DOM DU TOIT, CHARLOTTE CASLICK ELEVATED TO CO-CAPTAIN
10:30: CANADA CLAIM NINTH
Canada have finished their tournament on a high, claiming ninth with a 24-10 win over Kenya
Charity Williams continued her strong tournament as she torched the Kenyan defence for the first try, shortly followed over by Bianca Farella.
Kenya hit back before the break via Janet Okello, handed a further boost when Canadian captain Ghislaine Landry was yellow carded.
However, Canada refused to drop their heads as Farella crossed for her second despite being down to six as Landry made up for her absence to seal the win.
10:00: BRAZIL CLAIM 11TH PLACE
Brazil have finished their tournament on a strong note as they defeated hosts Japan 21-12
After a slow start, Japan kicked into gear as Wakaba Hara and Haruka Hirotsu crossed before Brazil took the 14-12 lead into the break via Bianca Silva.
With neither team able to find a way through, Marina Fioravanti burst away in the final 30 seconds to seal the win for Brazil
WHEN DO AUSTRALIA PLAY IN THE RUGBY SEVENS OLYMPIC GAMES?
The Women's Sevens side will take the field in their 5th-8th place playoff against ROC at 11:00 am (AEST).
This comes after were eliminated from medal contention following their quarter-final defeat to Fiji
If they win, a clash with either China or USA awaits.
WHAT CHANNEL IS AUSTRALIA'S RUGBY SEVENS OLYMPIC GAMES ON?
Australia's 5th-8th place playoff against ROC will be shown across the Seven network at 11:00 am (AEST)
It will follow Canada's match with Kenya
HOW TO WATCH THE TOKYO OLYMPICS RUGBY SEVENS?
The Seven Network has exclusive rights to broadcast every event of the Tokyo Olympics in Australia.
Events, including every game of the Rugby Sevens, will be shown on television across their three respective channels: 7, 7TWO, and 7mate.