Taylor Swift Stuns in $42K Glam Look: Diamond Earrings and Crystal Gucci Set Turn Heads During Night Out with Selena Gomez—Pop Icons Ignite Fashion Frenzy, Spark Rumors of Secret Project, and Leave Fans Wondering: Is This the Most Extravagant Celebrity Outing of the Year?

The two stars stepped out in New York City after Swift announced that she had purchased the rights to her master recordings

Superstar besties Taylor Swift and Selena Gomez are all smiles after enjoying a girl's only dinner at the Monkey Bar this evening in New York.

Taylor Swift and Selena Gomez leaving the Monkey Bar in New York City.Credit : 

Taylor Swift sparkled for her girls night out with Selena Gomez!

Swift, 35, and Gomez, 32, had lots to celebrate in New York City on May 31, just one day after Swift announced publicly that she had received back the rights to her music. The two friends spent the evening dining at The Monkey Bar in Midtown.

Swift was spotted leaving the restaurant in a $6,000 sequin silk and wool matching set by Gucci. The neckline of the tank and the skirt’s hemline included white and clear crystal sequins.

The “Cruel Summer” singer paired the black ensemble with a matching black bamboo handlebag also designed by Gucci. The bamboo bag is iconic to the brand, making its first appearance in 1947, and has since been through many eras of its own. Women of influence such as Princess Diana, Elizabeth Taylor and Grace Kelly were also fans of the bag. The cost of this all-black tote is $4,700.

Taylor Swift in New York City

Taylor Swift in New York City.BACKGRID

As for Swift’s accessories, she wore a pair of Arpeggia One Line Earring by the designer De Beers, worth $36,000. The 18k white-gold drop earrings feature 60 diamonds that weigh 4.74 carats and are hand-set by a team of the designer’s craftsmen.

The earrings were gifted to Swift after she wore them to the 2024 Golden Globes with her snake-green Gucci gown.

Swift wore a custom TNT diamond tennis bracelet designed by Wove Made and ​​Michelle Wie West with a starting value of $5,680. Swift had also been photographed wearing the same bracelet the evening before she announced she had acquired her masters on May 29.

Taylor Swift in New York City

Taylor Swift in New York City.BACKGRID

On her finger, she wore a Cloud Offset Pear Ring designed by Shahla Karimi Jewelry in SoHo N.Y.C. Hailey Bieber has also been spotted wearing the designer’s rings.

Swift completed her evening outfit with a pair of Gucci silver platform sandals.

Superstar besties Taylor Swift and Selena Gomez are all smiles after enjoying a girl's only dinner at the Monkey Bar this evening in New York.

Taylor Swift and Selena Gomez exit The Monkey Bar.BACKGRID

The evening out in Manhattan, came just after Swift announced that she regained ownership of her masters — which allows her to once again be in control of her music catalog following a public ownership feud involving record executive Scooter Braun.

“You belong with me. 💚💛💜❤️🩵🖤,” Swift wrote on her Instagram carousel, on May 30, including a nod to her 2008 hit of the same name from her album Fearless.

Gomez celebrated her BFF after she made the news public, writing in an Instagram Stories post, “Yes you did that Tay. So proud!”