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Smith improved over rounds four and five but the Commonwealth Games silver medallist from 2002 looked to be heading for defeat at the half-way stage with Quigley picking him off with a combination of upper-cuts and jabs.
BBC: Smith beats Quigley in thriller
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The women's side, including five-time FIFA World Player of the Year Marta, had to settle for silver for the second straight Olympics.
CNN: Golden goal: Can boys from Brazil achieve Olympic dream?
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Overall, it was a good day for British runners with a best-ever tally of four gold, five silver and three bronze medals.
BBC: Farah misses out on European gold
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On his website UnSkewedPolls.com, Chambers has for weeks been predicting a win for Mitt Romney and taking swipes at Silver, who writes poll analysis for The New York Times on his Five Thirty-Eight blog, and the rest of the mainstream polling establishment.
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While still among the elite top-five shoo-ins for Best Picture (the others being Lincoln, Zero Dark Thirty, Silver Lining Playbook, and Les Miserables), I think this picture needs strong showings in the early awards season to make a comeback and really challenge Lincoln and Zero Dark Thirty at this point.
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