Gwyneth Paltrow on the 2011 Oscars Red Carpet (PHOTOS)

Sexy in silver was the theme for Gwyneth Paltrow on the red carpet for the 2011 Academy Awards on Sunday February 27, as she looked gorgeous in a Calvin Klein gown.

The actress, who is set to perform the nominated original song “Coming Home” from the film Country Strong, told Ryan Seacrest that she hadn’t “slept in a week” due to some serious nerves. We’re sure she’ll do great!

Are you excited to see Gwyneth perform? And what do you think of her look? Share thoughts in the comments!