London 2012 Medal Count: Updated Look at Countries Leading the Medal Count

The third day of the Olympics has drawn to a close, and right now it seems like the U.S. and China are going to run away with the medal total.

Entering into Monday's competition, the Chinese led with 12 total medals (six gold, four silver, two bronze), while the U.S. was second with 11 (three gold, five silver and three bronze).

Italy was third with seven total (two gold, three silver, two bronze), while South Korea and Japan had five each.

Medals given out on day three are: men's synchronized 10-meter platform diving, women's individual epee, men's gymnastics team, women's 57-kilogram judo, men's 73-kilogram judo, men's 10-meter air rifle, women's 58-kilogram weightlifting, men's 62-kilogram weightlifting and four swimming events—men's 200-meter freestyle, women's 100-meter backstroke, men's 100-meter backstroke and women's 100-meter breaststroke.

Here's a look at how the team medal results look now, after the end of day three's competition.

1. China

Total Medals: 17

Gold: 9

Silver: 5

Bronze: 3

China hangs onto the top spot because they have more golds, but the U.S. is even with them.

The Chinese added three golds and two bronzes to their count on the third day of competition, highlighted by the men's team gymnastics win.

Also grabbing gold was the men's synchronized 10-meter platform diving team of Yuan Cao and Yanquan Zhang, and women's weightlifter (58-kilogram) Xuejing Li.

Winning bronze medals were Yang Sun in the men's 200-meter freestyle (swimming) and Yujee Sun in the women's individual epee.

2. USA

Total Medals: 17

Gold: 5

Silver: 7

Bronze: 5

The U.S. added two of each medal on the third day, including a one-two sweep in the men's 100-meter backstroke where Matt Grevers and Nick Thoman took the top two spots. Also taking home gold was U.S. swimmer Missy Franklin in the 100-meter backstroke, giving the U.S. a sweep of the event.

In addition to Thoman, Rebecca Soni took home silver in the 100-meter breaststroke.

Bronze medals were won by the men's sychronized 10-meter platform team of David Boudia and Nick McCrory, while Marti Malloy took home the bronze in the women's 57-kilogram judo.

The U.S. will be competing with the Chinese throughout the Olympics for the top spot, but the U.S. has to medal in events they're supposed to.

There can't be anymore events like the men's team gymnastics for the U.S.

3. Japan

Total Medals: 11

Gold: 1

Silver: 4

Bronze: 6

The Japanese picked up their first gold of the Olympics when Kaori Matsumoto won the women's 57-kilogram judo.

Japan also picked up silver medals in the men's team gymnastics and in the men's 73-kilogram judo, courtesy of Riki Nakaya.

Swimming also helped Japan as they took home three bronze medals. Aya Terakawa took bronze in the 100-meter backstroke, Ryosuke Irie took third in the 100-meter backstroke and Satomi Suzuki finished third in the 100-meter breastroke.

The Japanese made a strong move in the standings today, and they will continue to do so through the first week of the Olympics.

4. Italy

Total Medals: 8

Gold: 2

Silver: 4

Bronze: 2

The Italians were only able to grab one medal in the third day.

That medal came from Niccolo Campriani, who took silver in the men's 10-meter air rifle.

The Italians still have hope in some fencing events, but outside of that, there's not much else I expect them to medal in during the Olympics.

While they're in the top four right now, they'll be lucky to finish inside the top 10.

5. France

Total Medals: 7

Gold: 3

Silver: 1

Bronze: 3

The French added a gold medal to their total when Yannick Agnel won the 200-meter freestyle.

They should progressively add medals throughout the Olympics, but their spot in the top five won't last too much longer.