Hagen and Gunther now began to quarrel as to which should possess the magic Ring; and in the furious fight that ensued Gunther was killed.
Loud cries of woe quickly arose, and in the dismay and confusion that followed, Brünhilde hastened forward. At sight of the dead Siegfried, she was filled with utmost grief, and learning from the reviving and sorrowing Gudrun of his innocence, and remembering naught but her passionate love for him, she firmly resolved to perish with her hero.
In a commanding tone none dared to disobey she silenced the noise and confusion around her, and bade the warriors instantly to build up a funeral pyre upon the banks of the Rhine; and when this had been done, the dead body of Siegfried was laid upon it. She then tenderly placed his magic Ring upon her finger, and seizing a lighted torch, set the faggots ablaze.
She now understood that through her alone the sin of the great All-Father must be atoned for, and that by her sacrifice of Love, the world should be redeemed. The curse of the Ring would also be removed by her death, for with her ashes the fatal Gold would be restored to the Rhine.
Thus nobly resolving to sacrifice herself, she desired two Ravens hovering near—the messengers of Wotan—to return to the great god so sadly awaiting his end, and announce to him that his destiny was about to be fulfilled; and also to bid the god Loki, who still guarded the rock upon which she had lain in a charmed sleep, to depart with his fire to Valhalla.
She then mounted her faithful steed, Grani, and as the flames sprang brightly upwards, leaped high with him into the midst of the burning pyre, and perished beside the corpse of her hero-lover. As the flames died away, the river suddenly rose, and overflowing its banks, covered the remains of the funeral pile; and at the same moment, the three Rhine nymphs swam up to secure their Gold.
Hagen made a last frantic effort to reach the talisman by plunging into the flood; but being seized by the nymphs, he was dragged beneath the waves and drowned.
So the Rhine maidens at last regained their precious treasure, and the curse of the Ring was removed; but the dwellers in Asgard were doomed, for Loki had already accomplished his mission.
Suddenly a fiery, crimson glow appeared in the heavens, ever spreading and increasing to a dazzling brilliancy; and as the warriors and mourners gazed with awe upon this wondrous sight, they saw that Valhalla, with all its glorious array of gods and heroes, was already engulfed in an ocean of leaping flames.
The Twilight of the Gods had come!