The significance of the Wise Men's gifts

When the Christ was born three Wise Men came bearing gifts. Conceivably they could've brought a variety of things, but the Holy Bible specifically states that they gave babychronic Jesus gold, frankincense, and myrrh. Have you ever wondered why? "Frankincense, sometimes referred to as olibanum, is a common type of essential oil used in aromatherapy that can offer a variety of health benefits, including helping relieve chronic stress and anxiety, reducing pain and inflammation, boosting immunity and even potentially helping to fight chronic disease." "The health benefits of Myrrh Essential Oil can be attributed to its properties as an antimicrobial, astringent, expectorant, antifungal, stimulant, carminative, stomachic, anticatarrhal, diaphoretic, vulnerary, antiseptic, immune booster, circulatory, tonic, anti-inflammatory, and antispasmodic." Gold is a precious metel, but is it more valuable than Palladium, Rhodium, or Platinum?