Nanobimetallic particles consisting of Au-Pd, Au-Ag, and Au-Pt have been synthesized in a single step by a sol-gel process and stabilized in liquid and solid matrices. Organically modified silicates (Ormosils) that play a dual role of a matrix and of a stabilizer have been used to obtain very stable dispersions in the form of sols, gels, and monoliths. The simultaneous reduction of metal ions leads to either a surface enriched with one component or an alloy type of structure depending on the bimetal combination. The nanometallic dispersions are characterized by absorbance, TEM, XRD, IR, XPS, and CO adsorption studies. The stabilized nanoparticles are found to be good electrocatalysts and the preliminary results on the electrochemical reduction of oxygen are reported.