One of the best ways to stay on top of jewellery trends is to have a “sneak peek” at styles that are likely to be popular for the upcoming season by keeping a steady eye out for the jewels worn by celebrities.

To stay “hot”, celebrities have to stay one step ahead of trends and socialize with top jewellery designers to have access to the very latest designs… In fact it is not uncommon for top-notch designers to give away show-stopping pieces for the publicity that it can generates for a brand.

So what are the celebs wearing at present?

Oversized statement earrings remain hot property in 2009. We're talking big, dangling chandeliers. The likes of Jennifer Lopez and Mary J. Blige have been sporting some great statement earrings, and we can safely say it's a look that's not going to disappear anytime soon.

The shoulder-scraping chandelier isn't to everyone's taste. But drop earrings that are more moderately sized work just as well. Angeline Jolie, Penelope Cruz and Kate Winslet - even Michelle Obama - have all worn beautiful drop earrings at red carpet events so far in 2009, underlining the resurgence of drop earrings.

Here are some celebs entrenching the Chandelier Earring trend at the Golden Globes:

So it’s all about statement pieces…. and Angelina Jolie’s green Oscars ring is a statement piece not to be forgotten…

Before the Oscars, it was reported Angelina Jolie would be wearing a $20 million dollar necklace; well, the Academy Awards came and went, and while no such a necklace appeared around her dainty neck, her killer green ring (65 carat Colombian emerald from Lorraine Schwartz) captivated jewellery lovers the world over. Her venomous green emerald earrings, also by Lorraine Schwartz, were the perfect compliment to the ring.

So, girls, look out for plenty more giant emerald rings, knockoffs and gum-ball sized bling rings in the coming months as well has huge statement earrings … happy shopping!