Line a baking sheet with parchment paper and place 2 gummy bear molds on top. Place an offset spatula nearby.
Pour Champagne into a small saucepan over low heat. Add sugar and then powdered gelatin, whisking constantly. Continue whisking until both sugar and gelatin have dissolved.
Slowly pour Champagne mixture over gummy bear molds a little at a time, starting from the center and working to the edges, using an offset spatula to wipe away excess. To have the best shaped gummy bears, you want each mold to be full with the area around it relatively clean. Refrigerate for 15 minutes or until gummy bears have set up completely.
Remove gummy bears from molds and serve or refrigerate in an airtight container.