Shahinyan had qualified for every event. The Soviet team won the Team All-Around gold medal. Afterwards Shahinyan competed in the Individual All-Around, where he won the silver medal, coming in second to Viktor Chukarin, who would not only prove to be Shahinyan's rival, but the most decorated Olympian of the 1952 Olympics. Shahinyan was unable to best Chukarin in the pommel horse either. He tied in second with stablemate Yevgeny Korolkov, resulting in two silver medalists. Shahinyan came in fourth place in the parallel bars. When it came time for the still rings, Shahinyan scored higher than Chukarin and the rest of the participants to win the gold medal of the event and became the Olympic Champion in rings with a score of 9.950, a score which, among the men, between 1952 and 1976, seems to have been equaled or surpassed at a World Championships or Olympics only by fellow Armenian-Soviet Albert Azaryan, also on the rings, at the 1954 World Artistic Gymnastics Championships.