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Victoria was a vision in the neon gown as she joined her parents King Carl Gustaf and Queen Silvia , as well as her brother Prince Carl Philip and his wife Princess Sofia at the Polar Music Prize.
At Atlantic College, a school in a 12th-century castle clinging to the windy Welsh coastline, teenage royals take classes on world peace.
The royal, 17, had journalists in the Spanish media speculating this weekend after wearing a necklace reading the word 'love' in Arabic at her graduation ceremony in Wales.
Both Princess Leonor of Spain and Princess Alexia of the Netherlands, 17, graduated from the UWC Atlantic College in South Wales this weekend, with their parents attending the ceremony.
King Felipe VI of Spain went to his daughter's graduation ceremony at the college in Llantwit Major.