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Rose then throws the necklace off the Keldysh, just above the Titanic. By throwing the necklace into the Atlantic ocean, Rose finally lets go, becuase she is ready to make peace with Jack and the other Titanic victims, as she is finally ready to die, and can now no longer go on.
Later that night, Rose tried to commit suicide by climbing over the ship's rails in order to avoid the arranged marriage and what she saw as a miserable life of constant abuse and torment. However, she was stopped by Jack (the 20 year old third class man whom she saw earlier) who convinced her not to kill herself.