The Valentino Resort 2012 collection is having a bit of a moment on the red carpet.

Elizabeth Olsen glided down the red carpet at the 21st Annual Gotham Independent Film Awards in New York City last night, wearing our third look from the collection in four days.

This soft grey embroidered gown with a stripped skirt is beautiful on Elizabeth as she continues to wow and delight on the red carpet.

I love her soft curls which she sweeps up into a retro updo.

Her makeup is complementary to her look, as is her champagne colour satin clutch, but we’ve seen this look on the red carpet before.

You may remember that Michelle Yeoh wore it to the Rome Film Festival.

Nevertheless, this look ranks in the top three of my favourites from her this year.

Kwiat jewels provide the finishing touches.

Credit: Style.com & Getty