The three men remain to parley. Hagen skilfully questions Siegfried regarding his combat with the dragon. Has he taken nothing from the hoard?

"Only a ring, which I have left in a woman's keep," answers Siegfried; "and this." He points to a steel network that hangs from his girdle.

"Ha," exclaims Hagen, "the Tarnhelmet! I recognize it as the artful work of the Nibelungs. Place it on your head and it enables you to assume any guise." He then flings open a door and on the platform of a short flight of steps that leads up to it, stands Gutrune, in her hand a drinking-horn which she extends toward Siegfried.

"Welcome, guest, to the house of the Gibichungs. A daughter of the race extends to you this greeting." And so, while Hagen looks grimly on, the fair Gutrune offers Siegfried the draught that is to transform his whole nature. Courteously, but without regarding her with more than friendly interest, Siegfried takes the horn from her hands and drains it. As if a new element coursed through his veins, there is a sudden change in his manner. Handing the horn back to her he regards her with fiery glances, she blushingly lowering her eyes and withdrawing to the inner apartment. New in this scene is the Gutrune Motive:

[[Listen]]

"Gunther, your sister's name? Have you a wife?" Siegfried asks excitedly.

"I have set my heart on a woman," replies Gunther, "but may not win her. A far-off rock, fire-encircled, is her home."

"A far-off rock, fire-encircled," repeats Siegfried, as if striving to remember something long forgotten; and when Gunther utters Brünnhilde's name, Siegfried shows by his mien and gesture that it no longer signifies aught to him. The love-potion has caused him to forget her.