What does the tearing of the veil signify?

The tearing of the veil at the moment of Christ's death, as described in Matthew 27:51, symbolizes the removal of the separation between God and man that sin has caused. This act demonstrates that the sacrificial death of Jesus has made the way into God’s presence accessible to all believers. Prior to this, only the high priest could enter the most holy place, but now, through Christ’s final sacrifice, all who believe can have direct access to the Father. The veil being torn from top to bottom exemplifies God's initiative in salvation, indicating that it was a divine act that eliminated the old covenant barriers established by the law and established a new covenant of grace.