Olivia Wilde joined the seemingly endless list of stars at the Palm Springs International Film Festival Awards Gala on Saturday evening.

Dressed in a black MMonique Lhuillier Spring 2012 gown with side and back lace panelling, Olivia showed off her new shoulder-length haircut.

The actress paired her gown with Cartier jewelry, including a white-gold and black-onyx pave diamond panther head ring, a white-gold pave diamond and black-onyx
love bracelet, and a white-gold, diamond, and black-onyx panther link bracelet.

While she had some tough competition, Olivia ranks amongst the best dressed of the night.

From the lace racerback and high back-slit to the fresh new ‘do, I really like this look.

Do you agree, or would you rather see Olivia in something with more colour?

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Credit: Style.com & Getty