What significance does frankincense hold in the Bible and how is it used in religious practices?

Frankincense holds significance in The Bible as a symbol of worship and prayer. It is mentioned in the Old Testament as a sacred incense used in religious ceremonies. In the New Testament, it is one of the gifts brought by the Magi to baby Jesus. In religious practices, frankincense is often burned as incense during prayer and worship to symbolize purification and connection to the divine.