Shiffrin, who has racked up 41 World Cup wins, was supposed to have completed her best two disciplines - the slalom and giant slalom - earlier this week. She finished with a time of 1:10.82, while Italy's Manuela Molgg was the leader at 1:10.62. "Winning Olympic gold is a dream". In her prime, she had the 33rd best time.
The women's giant slalom was set to be a historic occasion, as Howard Fendrich of the Associated Press noted it would have been the first time since the 1984 Games in Sarajevo the women competed before the men in the Alpine skiing events.
Switzerland's Holdener was second at last year's world championships while Sweden's Hansdotter came in third place.
The 22-year-old celebrated at the bottom of the course following her stellar performance at the Yongpyong Alpine Center in PyeongChang, South Korea.
Like Svindal, Jansrud, who won the super-g title in Sochi, also came into the race with three previous Olympic medals to his name.
"I let myself feel too much yesterday [Thursday]", she said.
Shiffrin admitted she had to take risks on her second run in order to secure gold, but that she felt a gold medal was there for the taking. The 34-year-old Moelgg has never won a World Cup race.More news: Flu claims 2 more lives in Clark County
Less than 24 hours after finishing the two-run race, she will return to the snow in slalom.
"By the end of the series ... for me, that was a defining moment that I needed to take a couple of days rest", she said, "and then get back into training".
"When I went to the finish I thought, Mikaela must be in front but then I saw Frida cheering", silver medallist Holdener said. Coming here and skiing the way that I did, really conservative, was a huge, huge disappointment.
Kenworthy has previously said he would not go to the White House as part of the traditional visit the U.S. Olympic team makes after the Olympics. Shiffrin's schedule was thrown out of whack when the first two slalom events were postponed because of weather.
It's the third time in four days an Alpine skiing race was shelved because gusts made it too unsafe for competition. I beat myself in the wrong way today, it's a really big bummer.
Hansdotter became the second Swedish woman to capture an Olympic slalom gold, joining Anja Paerson, who won the event at the 2006 Turin Games.
Shiffrin previously opened up on how she was planning to stay focused at the Winter Games.