AUSPICIOUS DAYS TO BUY GOLD IN INDIA

Gold isn’t just a yellow metal in a multi-cultural and age-old tradition-oriented country like India. In our country, gold is a celebrated status symbol, a valuable asset and a precious gift. There is no denying the fact that gold is one of the safest investment options. It is also a very high-yielding investment option.

According to legends, buying Gold on ‘Shubhmuhurat’ increases the auspiciousness and brings abundance and prosperity at home. As per Hindu scriptures, purchasing anything or property or home or starting anything new on the auspicious days proves very fruitful.

Here are some days when buying gold is considered more auspicious than others

MARCH:

22 nd - Gudhi padwa

One of the major festivals that holds a special place in the hearts of every Maharashtrian is Gudi Padwa, also known as Ugadi. It is celebrated as the Marathi New Year; this lively festival takes place on the day of Chaitra Shukla Pratipada of the Hindu lunar calendar. As per the sacred Vedic texts

APRIL:

22 nd - Akshay Tritiya

Akshaya Tritiya is also known as Akshaya Trutiya or Akha Teej. Hindus celebrate this festival on the 14th day of Shukla Paksha in the Indian month of Vaisakha. Hindus consider this festival to be one of the most auspicious days of the year. Many people buy gold on Akshaya Tritiya, believing that it will bring prosperity and wealth in the future.

AUGUST:

20 th - Onam

The spring time festival is celebrated in southern India. Owing to the auspiciousness of the occasion, Onam is marked with the purchase of gold and those looking to buy gold either as an investment or in the form of jewellery and similar trinkets take advantage of the attractive offers that are provided during this season.

Gold is also used in customs and traditions related to Onam. Elders greet children and gift gold coins, women adorn themselves with gold jewellery and the purchase of new clothes are all part and parcel of the festival of Onam.

SEPTEMBER:

19 th - Ganesh Chaturthi

Ganesh Chaturthi is a popular Hindu festival which celebrates the arrival of lord Ganesh to the earth. It’s celebrated throughout the country with utmost zeal and enthusiasm.

Ganesh Chaturthi is normally considered to be ‘shubh arambh’, which is an auspicious time to start new ventures. Whether it is a new business venture, a new asset acquisition or buying investments like shares, bonds and gold, Ganesh Chaturthi is considered to be the right time to start.

OCTOBER:

15th Ghatsthapna (Navratri)

The nine days of Navratri are celebrated to acknowledge the nine days of goddess Durga. It is one of the most popular festivals in India when people go for gold jewellery shopping.

People from all over the country purchase gold during the period of this festival as it signifies new beginnings and good fortune.

24th Dussehra

Dussehra is celebrated at the end of Navratri every year. It is believed to be auspicious as on this day Lord Rama defeated Ravana, or alternatively, on this day Goddess Durga defeated Mahisasura to restore dharma. So, in order to celebrate the victory of good over evil, people follow the practice of buying wealth and fortune for their families.

28 th - Pushya Nakshatra (9.40 am to 6.40 pm)

It is an auspicious time set for beginning new ventures, opening new investments or making new purchases, usually high merchandise jewellery. Vast majority of people prefer to buy gold and jewellery as it is believed to bring good luck.

NOVEMBER:

1st Karva Chauth

It’s a day dedicated to love and unwavering trust between a husband and a wife. It’s popularly celebrated in North India where married women mostly in states of Haryana, Himachal Pradesh, Madhya Pradesh, Punjab, Rajasthan and other parts of Uttar Pradesh observe a one-day fast for the long life of their husbands. On this day, husbands generally gift gold jewellery to their wives as an eternal symbol of their love.

10th - Dhanteras

Dhanteras stands for wealth and prosperity and therefore, this day is considered auspicious for buying gold, silver, and utensils. It is celebrated by worshipping Lord Dhanvantari and by buying something new, mainly gold. This day is considered extremely auspicious for the people who want to shop for such things as it is believed that gold will protect you from bad omen and anything negative.

12 th - Diwali (Nark Chaturdashi) / (Laxmi Poojan)

As per Hindu mythology, on this day, Goddess Lakshmi had emerged from the ocean with a pot of gold and wealth, during the churning of the sea, also known as Samudra Manthan. To honour her, people invest in gold on this day, so as to be blessed with prosperity for the coming year.

14 th - Balipratipada/Padwa

It falls on third day of Diwali. Owing to the auspiciousness, most Indians indulge in buying gold on this day as it marks the end of auspicious time according to the Hindu culture.

4th Pushya Nakshatra (7.57am 04 Nov to 10.29am 05 Nov)

In Pushya Nakshatra, it's more beneficial to get goods that provide permanent benefits like gold, silver jewellery, online property and homes. It's thought that purchasing gold on this particular day brings joy and prosperity in the home.

WEDDING SEASON:

Usually, Gold is purchased during marriage and then there is no specific month to get married, however, many families consider checking auspicious dates for a marriage.

Depending upon astrological predictions based on Nakshatra and several other factors there are several auspicious dates for marriages throughout the year. The wedding season for 2021 will commence from June - September 2021 and the second season will start from December to February 2022.

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