PIX: Kate Hudson, Gwyneth look HOT in platinum

Nothing complements a beautiful woman's radiance better than shiny new jewellery.

And when it comes to flaunting jaw-droppingly expensive gems at high profile social dos, few can match the flair of Hollywood ladies.

At a recent event held at Blue Book Ball in New York, Hollywood A-listers showed up in platinum jewellery by Tiffany and Co, inspired by the decadent 1920s, the era Baz Luhrman's The Great Gatsby is set in.

Actress Kate Hudson, who stars in Mira Nair's new film The Reluctant Fundamentalist, sparkled in her off-shoulder gown, wavy, side-swept hair and striking jewellery. Her platinum and diamond earrings cost a cool $65,000.

Forty-year-old Iron Man 3 actress Gwyneth Paltrow, who has been recently voted as the most beautiful woman in the world by People magazine's latest edition, was a vision in a grey slinky number.

Her platinum and diamonds earrings cost $400,000 while her butterfly brooch with black opal, sapphire and diamonds cost $110,000.

Mrs Justin Timberlake showed off her sexy body in a floral gown with a sheer detail.

Her platinum bracelet with sapphires and diamonds is priced at $125,000.

My Week With Marilyn actress Michelle Williams looked cute in her pixie cut.

Her platinum and oval diamond cluster earrings cost $150,000.

Young acterss Carey Mulligan, who stars as Daisy Buchanan in the film, went for a minimalistic look in Platinum and diamond drop earrings (priced at $55,000) and a deco ring (priced at $800,000).

Actress and producer Sarah Jessica Parker channels her inner diva with two fringe necklaces made of platinum and diamonds.

One of the necklaces is priced at $50,000 while the other pendant is priced at $265,000.