The Chancellor's Gold Medal is an annual award for poetry given to undergraduate students at the University of Cambridge. It is similar to Oxford University's Newdigate Prize. The medal was first given by Prince William Frederick, Duke of Gloucester and Edinburgh, during his time as Chancellor of the University of Cambridge. In the mid-1800s, the topic for each year's poem was announced at the end of Michaelmas Term, and entries had to be submitted by March 31 of the following year. A rule that has always been in place is that poems must be submitted without the author's name. In recent decades, the practice of assigning specific topics has been stopped.

The winner of the medal is honored by reading their poem aloud in the Senate House on Commencement Day. The prize was first awarded in 1813 to George Waddington of Trinity College. Early records of winners show that many of them were also listed as Senior Wranglers.

This literary prize still exists today and is called the Chancellor's Medal for an English Poem. At times, it was also known as the Chancellor's Medal for (an) English Verse.

The prize is not shaped like a traditional medal but instead resembles a large coin or medallion. In modern times, the medallion has a picture of the King on the front and a figure representing poetry on the back.

The prize has not been given to a young poet every academic year since 1813. When information is available, it shows which college at the university the student attended.

Chancellor's Medals may also be awarded to undergraduates for outstanding achievement in Classics or English Law.