Depending upon the context of your dream a knife may symbolize logic, son, victory, protection, shield, brother, energy and elevated status. The covers of cutting blades of all types are symbolized as one’s woman and blade itself represents one’s son or baby boy. To possess and hold a knife in your hand may symbolize birth of a baby boy. To be armed in dream represent status and statesmanship. To cut you with a knife or a blade suggests loss. To cut or engrave something with a knife may signify profits and blessings.