Thinking new jewelry? Look out for bright colors, big, bold, eye catching, along with geometric shapes. This year's Academy Awards was a great indicator for the latest jewelry trends. As usual, Angelina Jolie was ahead of the fashion pack with her eye catching over sized emerald jewels. In fact, Angelina's green gems covered several criteria for newest jewelry.

One of the biggest trends we are seeing in jewelry fashion this year is colorful stones. Another feature we are seeing a lot of is big pieces and geometric shapes. Angelina's drop emerald earrings came in at an impressive 115 carats and were so large, they almost resembled something out of one of her daughter's dress ups box. Angelina wore the matching 65 carat emerald ring as the perfect accessory. The emerald jewelry highlighted her simple and elegant black strapless gown to perfection. A splash of gorgeous color in just the right amount.

Another great example of colorful gemstone jewelry was the bib necklace that Amy Adams wore. This amazing piece of Fred Leighton jewelry contained diamonds, sapphires, rubies and emeralds weighing in at a very impressive 630 carats. Amy selected a red frock to highlight her neck candy. (This was the same necklace that was featured in InStyle magazine in November 2008, with Beyonce modelling the stunner on that occasion.)
Another jewelry fashion forward celebrity was model Heidi Klum. Heidi combined multiple large pieces of coral and diamond jewelry for maximum visual effect. Heidi also managed to add another popular and current jewelry trend, that of floral shapes.

Green and yellow are two of the more popular colors we are seeing. Eva Mendes stunned onlookers at the Golden Globes with her choice of a turquoise and diamond 4 tier bib necklace that she used to accessorise a white strapless gown. Also at the Golden Globes we saw yellow floral jewelry from Christina Applegate who wore a vintage diamond necklace that featured large flowers made from yellow diamonds.

So for the latest jewelry fashion, think colors, drama, and statement pieces. Bold solo colors can look breathtaking with black, a la Angeline, white as with Eva, or in Heidi's example, bright red. Multi-colored hues will look best when teamed with an outfit featuring one of the colors from the item of jewelry.

Jewelry trends right now are headed for dramatic colored stones in bold or big settings. Those who prefer their jewelry a little more feminine have floral shapes and settings to select from. These jewelry knockouts are a fantastic way to liven up last year's little black dress.