Bloodstone Ring

Bloodstone Rings are common loot in Baldur's Gate. They can be found on the bodies of enemies and in containers in dungeons. One can be found on Brandilar in the Merchant League and another can be taken from Pargus in Baldur's Gate Northwest.

In-Game Description
"A ring is a small band of precious metal that is used as jewelry. Some rings have enchantments placed upon them, and confer various magical abilities. Such rings are rare and highly sought after, especially by those of the adventuring profession."