Reference

1 Peter 1:7

That the trial of your faith, being much more precious than of gold that perisheth, though it be tried with fire, might be found unto praise and honour and glory at the appearing of Jesus Christ:
5

Who are kept by the power of God through faith unto salvation ready to be revealed in the last time.

6

Wherein ye greatly rejoice, though now for a season, if need be, ye are in heaviness through manifold temptations:

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That the trial of your faith, being much more precious than of gold that perisheth, though it be tried with fire, might be found unto praise and honour and glory at the appearing of Jesus Christ:

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Whom having not seen, ye love; in whom, though now ye see him not, yet believing, ye rejoice with joy unspeakable and full of glory:

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Receiving the end of your faith, even the salvation of your souls.

Counter-Arguments

The strongest case that this verse does not belong in this theme.

Destruction / Perishing Language

The verse explicitly states that gold "perisheth," but this is used as a point of contrast to highlight the enduring nature and value of faith, not to describe the fate of the wicked.