The final paper examines existentialist elements in Slobodan Novak’s (1924-2016) novel Gold, Frankincense and Myrrh. The novel was published in 1968, the year when modernist literature supposedly ended. His capital work, Gold, Frankincense and Myrrh, is presented and explored through various criteria. The emphasis is on existentialism and existentialist elements of the said novel in which the main character is a lonely individual, misunderstood by society, isolated and unhappy and unable to understand the purpose of his own existence. The paper refers to the principles of two main representatives of atheistic and theistic existentialism, Jean-Paul Sartre and Gabriel Marcel. A thorough analysis of the novel’s characters as well as its allegorical elements is preformed, concluding that the plot is diminished and unimportant, and serves as a basis for philosophical deliberation of the main character, Mali. The objective of the paper is to present the existentialist elements of Slobodan Novak’s novel through the philosophy of S. Kierkegaard, K. Jaspers, J. P. Sartre and A. Camus.