What Does The Bible Say About Investing In Gold? (2022)

April 12, 2022

What Does The Bible Say About Investing In Gold

‘You cannot slave for God and for Riches’. Does this quote seem familiar to you? Well, it should be since it came from a very old book that almost all of us have opened and read.

It is passage from the Good News According to Matthew, specifically Matthew 6:24. Yes, this wonderful reminder of a quote came from the word of God, the Holy Bible.

Whether you are a devoted Christian or someone who reads some verses in the Bible every now and then, it is undeniable that it offers meaningful insights about worldly wealth.

Some of us may only consult professionals and financial advisors regarding our asset management and investments, but some prefer to obtain wisdom from this holy book.

Indeed, assets and religious beliefs are on the different sides of the spectrum. Nevertheless, it is crucial to have an answer to a certain question. "What Does The Bible Say About Investing In Gold?"

Gold And Wealth In The Bible

The Bible is known for its many accounts regarding several people. The holy book is filled with stories of love, creation, godly characteristics, and all good things you can think of.

It also has stories regarding evil, corruption, and earthly desires. Some parts also talk about revelations, prophecies, and promises. It really is a vital book that humanity should read and meditate upon.

When it comes to gold, or anything that resonates wealth and money, the Holy Bible has its own interpretations and reminders. Let us take a trip down ancient history lane, shall we?

For all of the humanity's history, including the events listed on the Bible, gold has played a major part. Even the earliest man has made use of silver and other metals to make their lives easier.

It is safe to say that it has been one of pillars for society to progress and evolve. Precious metals such as gold and silver constitute wealth and power and is the basic medium for trade and exchange.

In the King James' version, silver was mentioned for a total of 320 times.  The first book, Genesis, talked about how Abraham was a very rich man because of his stock of silver and gold.

Another occurrence in which silver was mentioned can be found in Exodus 3:22, in which silver was taken by the Israelites from the Egyptians as sort of payment for their dirty acts of disobedience.

Gold and precious metals have also been part of Judas' betrayal. He sold out Jesus Christ for 30 pieces of silver. But what came as  result is a new hope and faith (Jesus was resurrected three days after).

Metals as Payments and Ornaments

Currency

Gold, silver, and copper coins were used as the method of payment and any trade in the ancient times and they have their corresponding weight and value.

The Bible made mention that people used Persian gold (Ezra 8:27), Roman pound (John 12:3), and Drachma, or gold silver (Luke 15:8) among other coins, in their everyday interactions and services.

This only shows how the people in the Bible conducted their business. They were formal and have a systematic way of paying and buying, the same as what we have in our present time.

Precious metals were also used for rings, necklaces, bracelets, and clothing accessories. In Genesis 24:53, gold and silver garments were handed by servants to Rebecca.

Opinions of  the Bible about Investing

Christians and those who are not can benefit on the message being given for free by the Holy Bible. We labor each day and acquire the fruits of our labor, but how should we manage it?

The obvious answer is to use these material wealth to care for ourselves, our family, and propagation of God's good news. It must never be used for greed and destruction.

Our God allows us to speak to Him through his Holy Book, and in there, He wants us to become secured of our everyday needs, and if you can, secured for the future also.

With the talents he bestowed upon us, coupled by a little luck and risk-taking, we are able to generate wealth. Thus, it is important to utilize these things for good things and good things alone.

Investing, be it on gold (precious metals) or any medium, is a great way to multiply God's resources for our sustainment. It also gives us peace of mind knowing that we have something to rely upon.

God is gracious when it comes to giving. But, we must also remember that what is given to us, we must also be responsible in handling and usage.

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Reasons to Invest

Investment

Luke 16:10 gives us a gentle reminder, 'Whoever can be trusted with very little can also be trusted with much, and whoever is dishonest with very little will also be dishonest with much.'

This message allows us to meditate on what are reasons truly are for investing in gold and any other precious metals. It also gives us a warning that we need to choose an institution that is honest and open.

What are your motivations behind investing? Who will greatly benefit from such actions? How will this affect you in the long run? These are some questions that you need to answer before proceeding.

To shed some light, here are some reasons as to why investing in gold is a good act, in line with the principles from the Holy Scriptures.

1. For God

As stated above, all the talents and blessings are bestowed upon us by God. Thus, it is necessary to have this attitude of thankfulness and gratefulness to Him because of the good he has done to us.

Investing in gold for reasons of helping your local church, financing for your spiritual activities, and buying materials that can help you meditate more is more than enough of a reason to invest in gold.

2. For your family

It goes without saying that family is the most important aspect in our lives. Because of the genuine love and care we have for our family, we toil and do jobs just to provide for their needs.

Thinking for the future and how your family will be by then will always be a motivator in investing in gold. Weigh your options properly and consult with them before coming up to a decision.

Is this what your family needs? Can your family sustain this? Are all members in favor of this activity? If your answer is yes, you can visit a top rated company which focuses on investing.

3. For others

Your actions will have an effect, big or small, to almost everybody in the world. Your plans of investing might well become a way for you to reach out to someone who is in need.

Proverbs 17:17 tells us that 'a true friend shows love at all times, and is a brother born for times of distress'. What more meaningful way there is to serve God than to serve your brothers.

Do you have a friend, or someone in your community who is facing a problem? Someone who just wants to be given another opportunity? Your investment might come handy during these times of problems.

Reasons Not to Invest

greed

1. Pride

'That guy is doing really great in finances' or 'I envy his lifestyle'. You have probably heard these lines at least once in your life. They may seem nothing, but they are the first symptoms that envy is growing in your heart.

James 3:16 reminds us that 'where jealousy and selfish ambition exist, there will be disorder and every vile practice'. If we are not careful, pride can blind us into doing wicked act.

Contentment. This must be our aim in all facets of life. It is one thing if you are investing in gold for your future and one thing if you are investing just to out do someone and have more riches than him.

2. Greed and Jealousy

1 Timothy 6:10 cautions us that the LOVE of money is the root of all evil. Money is essential for our survival, but the moment we love the idea of monetary wealth, we are already being greedy.

Focus on yourself, work in silence, and celebrate small successes. If you keep on looking at the other people's basket, your heart will never be contented.

We become more toxic also if we start to wish for the demise of that person. Remember, investing in gold because we love the idea of money should not be our main reason in investing at all.

3. Ignorance

'The prudent sees danger and hides himself, but the simple go on and suffer'. The book of Proverbs, chapter 22 verse 3 clearly states that being ignorant will lead to our doom.

In our world today, a lot of professionals and financial advisors are willing to help you. Do not be ignorant and take everything alone, seek consultations and ask for questions.

Success will only come to those who are prepared. Investing in gold may take a lot from you and you might feel exhausted if you refuse to get some aid and reasonable suggestions.

Conclusion

Reading the Bible has its numerous advantages. It helps us become a more holistic person for ourselves, our family, and our society. It allows us to reflect on those things that surrounds us.

Investing in gold and any other precious metals is a good thing to do if it is backed up by reasonable and meaningful ideals. However, it will only lead to failure if used for atrocious purposes.

In our world today, being financially secured and set for the future is a dream for many, and a reality for others. If you want to invest in gold, examine yourself deeply.

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Thank you for reading this article of mine entitled, "What Does The Bible Say About Investing In Gold?" Any comments are deeply appreciated! Leave them in the section below.

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