My Musings – According to the above text, there are at least two reasons that Christians encounter trials: to prove that our faith is genuine and bring praise to God.
For someone whose faith is not genuine the fire becomes a consuming fire. For someone whose faith is genuine, the fire becomes a refining fire, consuming only the impurities of our sin nature. When Christians endure trials it brings praise to God. For as the impurities are consumed by the fire, what is left reflects the glory of God.
There are at least two reasons that this faith worth more than gold: “though you have not seen him, you love him; and even though you do not see him now, you believe in him and are filled with an inexpressible and glorious joy (1 Peter 1:8, NIV 1984).” For though all else is consumed by the fire, if love and joy survive, that is indeed priceless.”
So priceless that “even angels long to look into these things (1 Peter 1:12, NIV 1984).”
My Advice – Give praise “to the God and Father of our Lord Jesus Christ! In his great mercy he has given us new birth into a living hope through the resurrection of Jesus Christ from the dead, and into an inheritance that can never perish, spoil or fade—kept in heaven for you, who through faith are shielded by God’s power until the coming of the salvation that is ready to be revealed in the last time. In this you greatly rejoice (1 Peter 1:3-6, NIV 1984).”