In the past, alchemists sought the 'Philosopher Stone', something that would help them to turn the base metals - such as lead - into the noble metals - such as gold.
Late medieval tradition of Alchemy played a significant role in the development of early modern science (particularly chemistry and medicine).
What is 'Spiritual Alchemy'?
Many people practiced (and still practice) the 'Spiritual Alchemy', magickal practices that would refine one's lead-soul into gold-soul.
Hermetic Order of the Golden Dawn.
I think that the 'Golden Dawn' part of Order's Name implies that they practice both for material abundance, wealth, as well as for the soul's refinement practiced in the Spiritual Alchemy.
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