The strong light and the reflection on the wall does not do well for this image. Just holding it further away from the wall would have improved it, but the teapot also lends itself well to more of a still life type of picture. Don't know how it looks in color but could imagine it make the image more attractive.
Second, there's a hand holding the subject of interest. This is a major distraction and a real no-no. Set it on the table if need be.
There's a harsh reflection coming off the teapot and off the background (which has a major shadow). Try using more natural lighting (or even pulling lamps over).
Graceful object indeed, but the setting could be improved by:
-not using the integrated flash, it flatten always the image,and gives annoying reflections on the subject and shadows on the background.
-the presentation with the hand is a bit contrived.