Argentina and Paraguay will compete for Olympic gold © EuroFootball.com

In the men's football tournament at the Olympics, two teams emerged to compete for the gold medals in the final.

Argentina won the battle of the two favorites against Italy, while this time the Iraqi team failed to produce another surprise and lost to the Paraguayan team.

The match for third place, where the Italians will face the Iraqis, will take place on Friday, and the final match between Argentina and Paraguay, as well as the awards ceremony, will take place on Saturday.

Italy 0 - 3 Argentina 16' Carlos Tevez 69' Luis Gonzalez 84' Kily Gonzalez

Iraq 1 - 3 Paraguay 17', 34' Jose Cardozo [0 - 1, 0 - 2] 68' Fredy Bareiro [0 - 3] 82' Razzaq Farhan [1 - 3]