Step 1:
The paper is about 12x12 centimeters, pink on one side and yellow on the other. Prefold and cut in half.

Step 8:
Press the edges inwards, see arrows

Step 6:
Fold over these two lines

Step 11:
Press each petal flat and curve it downwards

Step 10:
Bend the ring and insert it in the opening on the backside of the flower, use glue if necessary.

Step 9:
Fold the edges in half.

Step 5:
Press flat and repeat step 4 and 5 on the other side.

Now you've made a rectangle Origami paper. Fold in half

Step 7:
Use transparent tape to make a real shiny ring.
Prefold over these four lines.

Step 3:
Fold over these two lines

Step 2:
Fold over this line.

Step 4:
Fold over this line.

Done!
This Origami video also shows you how to fold the flower ring:

Pictures above: Necklace with Origami flower ring charm.
Picture on the right: Clutch with paper tassel, Vase with Origami flowers and an Origami flower hair accessory.