Stepping It Up

It seems I have a bright bunch I am dealing with. I am going to step it up a notch to see just how bright you all are. So here it goes and riddle me this?

Power and treasure for a prince to hold,
Hard and steep-cheeked, wrapped in red
Gold and garnet, ripped from a plain
Of bright flowers, wrought - a remnant
Of fire and file, bound in stark beauty
With delicate wire, my grip makes,
Warriors weep, my sting threatens
The hand that grasps gold.
Studded with a ring, I ravage heir and heirloom.
To my lord and foes always lovely
And deadly, altering face and form.

Same rule applies. Figure it out and you get a free hint on one of your riddles.

End