How Gold & Silver Were Viewed, Valued & Used in Biblical Times (2024)

The shimmer of gold and the sparkle of silver never go out of style. In fact, humankind’s fascination with gold and silver is not a new thing at all. In Biblical times, these metals were a cultural symbol, a standard of comparison, and useful in so many ways.

Views on Gold & Silver

People in Old Testament and New Testament times thought a lot about gold and silver. Precious metals were on their minds because their meaning was embedded in their culture, their religious beliefs and practices, and their everyday lives.

God’s Creation

Today, many people have lost sight of the fact that gold and silver are a part of God’s creation. When the world was new, gold glittered in certain waterways. While Adam and Eve still resided happily in the garden of Eden, gold bore evidence to God’s magnificent creative work.

“A river watering the garden flowed from Eden; from there, it was separated into four headwaters. The name of the first is Pishon; it flows around the whole land of Havilah, where there is gold. The gold of that land is good; the bdellium and the onyx stone are there.” ~Genesis 2: 10-12

Gold and silver were made by God, not man. People in Biblical times were well aware of this fact, and the believers knew whom to thank for its existence.

Sign of Wealth

What do you imagine today when you think of a wealthy person? Maybe you see them as someone that has numerous physical possessions, such as a mansion, a luxury car, a huge yacht or even a private plane. Perhaps you think of a CEO of a large corporation, a business owner or someone with substantial stock or bank account holdings. Today, owning gold and silver bullion may be on that list, but it probably isn’t the first thing you might think of.

However, in Biblical times, a person was not considered wealthy in worldly riches unless they owned abundant gold. This was true of some of the most notable figures in the Old Testament. For example, Solomon, one of the wealthiest kings in Biblical history, had an incredible amount of gold. So, in those days, the people recognized gold as the most telling sign of wealth.

“All King Solomon’s drinking vessels were of gold, and the vessels of the house of the forest of Lebanon were of pure gold.” ~1 Kings 10:21

Indication of Royalty

During those days, so long ago, all royalty had gold as a sign of their positions. When someone took the throne, they were presented with gold. This was highlighted many times in the Scriptures. Here is how Pharaoh singled out Joseph as a part of his royalty.

“Then Pharaoh took his signet ring from his hand and put it on Joseph’s hand and clothed him in fine linen and put a gold chain around his neck. And he made him ride in his second chariot. And they called out before him, “Bow the knee!” Thus, he set him over all the land of Egypt.” ~Genesis 41:42-43

Later, when Christ was born, the wise men honored him as God’s royalty come to earth. Therefore, among their gifts was the sign of a king – gold.

“On coming to the house, they saw the child with his mother Mary, and they bowed down and worshipped him. Then, they opened their treasures and presented him with gifts of gold, frankincense, and myrrh.” ~Matthew 2:11

Associated with Wisdom

In the Bible, wisdom and wealth go hand in hand. King Solomon the Wise had vast stores of gold, gold adornments, gold crown and scepter, and many household objects made of gold. Besides Solomon, though, the Scriptures often point out that it is the wise who acquire wealth, especially in the form of gold and silver.

“The wise have wealth and luxury, but fools spend whatever they get.” ~Proverbs 21:20

“By your wisdom and understanding, you have acquired riches for yourself and have acquired gold and silver for your treasures.” ~Ezekiel 28:4

A Blessing

During biblical times, gold was viewed as a blessing from God. When God gifted someone with gold and silver, people recognized that God was pouring out his love and protection to someone special. Therefore, when God sent someone riches, the people recognized them as favored by God. Abraham was one of God’s people who received such gifts from God.

“The Lord has greatly blessed my master so that he has become rich, and He has given him flocks and herds, and silver and gold, and servants and maids, and camels and donkeys.” ~Genesis 24:35

Gold & Silver Value

Gold and silver had tremendous value in Biblical times. People valued gold for its beauty, its malleability, and its ability to be refined rather than consumed by fire. They considered it the most valuable earthly possession.

What Compares to Gold?

It’s interesting to note that, throughout the Bible, there are numerous comparisons to gold and silver. It’s perhaps because gold and silver were considered the most valuable, high-quality, pure things on earth.

“The law of Your mouth is better to me than thousands of gold and silver pieces.” ~Psalms 119:72

“The fear of the Lord is clean, enduring forever; the judgments of the Lord are true; they are righteous altogether; they are more desirable than gold, yes than much fine gold.” ~Psalms 19:9-10

Certainly, the Bible puts spiritual things above gold and silver. Yet, the fact that this is the comparison it makes seems to indicate that nothing else could even begin to express the value of God’s spiritual gifts and blessings.

Uses for Gold & Silver

During the Old Testament times, and even in the New Testament years, gold and silver were used in many ways. Among the uses were for sacred objects, money, and gifts. Kings used them extensively in their homes and had many personal possessions made of these precious metals. In short, gold and silver were a major part of life in those days.

Material for Sacred Objects

There are many passages in the Bible describing God’s instructions for building the temple and everything it contained. A vast array of sacred objects were to be made of gold and silver, and the people of Israel complied with God’s wishes. Here are just two such passages – the first, God’s instructions for building the Ark of the Covenant, and the second, a description of how other instructions were followed.

‘“You shall overlay it (the Ark of the Covenant) with pure gold, inside and out you shall overlay it, and you shall make a gold molding around it.”’ ~Exodus 25:11

“Then he made the ten golden lampstands in the way prescribed for them, and he set them in the temple, five on the right side and five on the left. He also made ten tables and placed them in the temple, five on the right side and five on the left. And he made one hundred golden bowls.” ~2 Chronicles 4:7-8

For Payments

Gold and silver were used as money in the Old and New Testament times. Silver was used most for common purchases, and gold was used for larger payments.

When a Bible verse mentions the weight of payment, such as a shekel or a talent, what they are usually weighing is silver or gold. Kings received payments in gold as well as silver. For common people, it would almost always be silver.

Here is a verse describing a purchase with 17 shekels of silver, which would amount to about $34 today.

“And I bought the field of Hanameel, my uncle’s son, that was in Anathoth, and weighed him the money, even seventeen shekels of silver.” ~Jeremiah 32:9

While our focus has primarily been on the positive references to gold and silver, we would be remiss if we didn’t address Judas’ betrayal of Jesus for 30 pieces of silver. This was his “payment” from the chief priests for betraying Jesus. The book of Matthew recounts this event.

Then one of the Twelve—the one called Judas Iscariot—went to the chief priestsand asked, “What are you willing to give me if I deliver him over to you?” So they counted out for him thirty pieces of silver.From then on Judas watched for an opportunity to hand him over. ~Matthew 26:14-16

Gold & Silver Today

Even today, in our modern technology-driven world, gold and silver still have abundant allure. Not only do coin collectors and investors appreciate these metals, but nearly everyone owns some form of gold that they treasure.

If you’re interested in making your first venture into gold & silver bullion or would like to add to your silver investment, Atlanta Gold & Coin Buyers can help. We have a large selection or gold and silver coins available for sale and are one of the leading buyers of estate coin collections in the industry.

We offer competitive gold and silver prices based on transparent pricing policies and industry-leading concierge level customer service. Contact us to learn more about how we can help you achieve your investing or collecting goals.

How Gold & Silver Were Viewed, Valued & Used in Biblical Times (2024)

FAQs

How Gold & Silver Were Viewed, Valued & Used in Biblical Times? ›

In the Bible, gold and silver are synonymous with money. In Hebrew, there was no word for money. Every Biblical passage that refers to “money” is a unit of weight in gold, silver, or another metal. Silver was used for day-to-day purchases, and gold was viewed as approximately twenty fold the value of silver.

What does gold and silver represent in the Bible? ›

The Bible often mentions kings and queens paid in gold and silver. Not only are gold and silver indicators of wealth, but in both the Old and New Testaments, owning gold is also compared to acquiring knowledge, wisdom and faith, which is far more valuable.

How is gold and silver valued? ›

When determining the value of your gold or silver bullion or coins, there are two components that can contribute to the overall value of your precious metal pieces: the “spot price” and the collector premium. The spot price of a coin or bullion piece is determined by its market value at that particular moment.

What is the spiritual meaning of gold and silver? ›

And because the moon can have a silver coloration and the moon is considered to be feminine, silver and the color silver can symbolize feminine energy and love. Because silver and gold are metals they can also symbolize strength, steadfastness and endurance.

How important was gold and silver? ›

From their earliest use as jewelry and ornamentation they gained importance as some of the earliest currencies, and went on to become the basis of the world financial system. Today they remain popular investments for their scarcity value as well as having an ever-growing range of industrial uses.

Why did God create gold and silver? ›

Gold and silver belong to God alone for God created it and bestowed it upon us here on Earth. Gold and silver are sacred stores of value that always protect wealth, transcend time and are ever-lasting. Gold in the Bible is mentioned 417 times and silver is mentioned 320 times.

What does the Bible say about gold and silver being worthless? ›

Ezekiel 7:19 New Living Translation (NLT)

“They will throw their money in the streets, tossing it out like worthless trash. Their silver and gold won't save them on that day of the LORD's anger. It will neither satisfy nor feed them, for their greed can only trip them up.

Why is gold valued higher than silver? ›

Gold Is Rare

Gold is also more valuable than silver because it is available in much smaller quantities than silver. It's estimated that all the gold that has been mined throughout history and is yet to be mined can fit in just over three Olympic-sized swimming pools at a total of 244,000 metric tons.

Why gold is more valuable than silver? ›

The key answer to the question 'why is silver cheaper than gold? ' is scarcity. Gold is much rarer than silver, and this imbalance in supply and demand between the two metals makes up the majority of the difference in their prices.

Why was gold so valuable in ancient times? ›

Gold was highly valued for its rarity and ability to reflect light, making it a natural choice for displays of rank and authority. Its immunity to decay has made it a potent symbol for immortality and enduring power worldwide, yet parts of the ancient American world never fell under the sway of gold's allure.

What does silver mean in the Bible? ›

Silver to be as stones in Jerusalem (1 Kings 10:27) typified great abundance (compare Job 3:15; 22:25; 27:16; also Isaiah 60:17; Zechariah 9:3). The trying of men's hearts was compared to the refining of silver (Psalms 66:10; Isaiah 48:10). Yahweh's words were as pure as silver refined seven times (Psalms 12:6).

What does gold symbolize in Christianity? ›

Gold has significant biblical meaning, representing both material wealth and spiritual wealth. In biblical texts, gold is often portrayed as a symbol of God's glory and majesty. It is associated with the divine presence and is used to construct holy objects such as the ark of the covenant and the golden lampstands.

What does silver mean spiritually? ›

Silver has been a symbol of purity and protection for centuries, with many cultures using it for spiritual, medicinal, and symbolic purposes. Ancient Egyptians believed silver had protective properties against evil spirits, and they used silver jewellery and amulets to ward off negative energies.

When did gold and silver become valuable? ›

Gold and silver have been used as currencies for thousands of years. The Egyptians began producing their gold-bearing shekels around 1500 B.C., and silver coins started appearing in the same areas roughly 700 years later.

Why should gold and silver not be kept together? ›

When gold and silver are stored together, the tarnish from the silver can transfer to the gold, affecting its appearance. Gold doesn't tarnish like silver does, but it can become discolored or dulled if it comes into contact with tarnished silver.

How is gold valued? ›

Today, the demand for gold, the amount of gold in the central bank reserves, the value of the U.S. dollar, and the desire to hold gold as a hedge against inflation and currency devaluation all help drive the price of the precious metal. GoldPrice.

What is the significance of silver in the Bible? ›

Silver to be as stones in Jerusalem (1 Kings 10:27) typified great abundance (compare Job 3:15; 22:25; 27:16; also Isaiah 60:17; Zechariah 9:3). The trying of men's hearts was compared to the refining of silver (Psalms 66:10; Isaiah 48:10). Yahweh's words were as pure as silver refined seven times (Psalms 12:6).

What does gold represent biblically? ›

In the Bible, gold holds significant symbolism, representing wealth, power, and the divine presence. It is often associated with royalty and used to construct holy places. The color and brilliance of gold make it a fitting representation of God's glory and majesty.

What does silver represent spiritually? ›

Silver has been a symbol of purity and protection for centuries, with many cultures using it for spiritual, medicinal, and symbolic purposes. Ancient Egyptians believed silver had protective properties against evil spirits, and they used silver jewellery and amulets to ward off negative energies.

What does gold represent spiritually? ›

Gold has a spiritual meaning that is recognized in many cultures and religions around the world. It is often associated with the divine and is believed to represent spiritual enlightenment and transformation. In many spiritual traditions, gold is seen as a symbol of purity, wisdom, and spiritual attainment.

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