In Chapter 2
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In Scene Two, Act Seven, the Prince of Morocco is brought into a room containing three caskets, gold, silver and lead. Portia tells him to make his choice. The Prince reads the inscriptions on all the caskets. Gold reads: "Who chooseth me shall gain what many men desire" (2.7.5). The silver casket has, "Who chooseth me shall get as much as he deserves" (2.7.7). Finally, the dull lead casket bears the inscription, "Who chooseth me must give and hazard all he hath" (2.7.9).
Portia tells the Prince that the correct casket, or the one that will allow him to marry her, contains a miniature picture of her likeness. The Prince looks over all the inscriptions a second time, and decides that lead is too threatening and not worth risking anything for. He also spurns the silver, which he feels is too base a metal to hold such a beautiful woman as Portia. The Prince therefore chooses gold.