Taylor Swift took home honors in the Favorite Country Album category at this year's American Music Awards on Sunday (Nov. 24) for her fourth studio album, 'Red'.

"Wow!" the country superstar said while accepting the award. "You know with this album, I want to thank Big Machine Records and Universal Music for allowing me to make an album."

Swift, who looked stunning in a gold dress, went on to thank her fans, recognizing that the album wouldn't have been possible without their support.

"'Red' is very different than any album I've made before, and the reason that I was able to do that is because of the fans," she said. "I cannot believe what you've done in the last year. This album came out almost a year ago and the fact that six million of you went out and bought it is crazy and I love that you did that. Thank you, you are everything to me. I really appreciate this."

'Red' had some tough competition in its category -- beating out Luke Bryan's 'Crash My Party' and Florida Georgia Line's 'Here's to the Good Times' to win the award.

Swift also won in the category of Favorite Country Female Artist.