The gold medal in the calligraphy competition is equivalent to the first prize. This is the highest reward.
The general prizes in calligraphy competitions are set as the first, second and third prizes, and the award for excellence.
Another kind of award is set as gold award, silver award, bronze award and excellence award.
The gold prize is actually equal to the first prize, the silver prize is equal to the second prize, and the bronze prize is equal to the third prize. Different names, but the gold content is the same.