In 2023, Balipratipada will be celebrated on the 14 of November. People also invest in gold on this auspicious day to get blessed with wealth during the year. Diwali and Dhanteras are the other occasions for buying gold. As per our astrologers, anything of importance and high materialistic value is a long term investment. Our astrologers tell us, while you should buy gold only on an auspicious day, but if there is a hurry, you can simply choose to buy it during a shubh kaal of the day. And you can know more about it by simply talking to an astrologer.
Buying gold on these festivals not only safeguards the metal but also the wearer from evil energies and any kind of negativity. If you are planning to get wed in the coming months, you can consider buying gold for marriage on these days. Apart from its materialistic value, gold in India is also known for its religious value as it becomes a part of many festivals that we celebrate. And thus, when buying gold, people usually rely on information likeShubh muhurat to buy goldor theBest day to buy gold. Buying Gold on Shubh muhurat increases the auspiciousness and brings abundance and prosperity at home.
- Affluent families gift gold to select guests to continue the flow.
- However, silver nonetheless has intrinsic worth and is reasonable- about seventy five to 80 instances cheaper than gold.
- It is said that buying Gold on this auspicious day endows immense and never-ending opulence and affluence in the life of the buyer.
- People observe fast to celebrate the victory of good over evil.
Contrarily, an occasion without gold appears lacklustre, as any event without the presence of this age-old symbol of auspiciousness feels incomplete. One of the most important festivals in the country and celebrated throughout India, Makar Sankranti is a harvest festival and is the first to arrive in a year. Sankranti marks the onset of the harvest period which is an auspicious day to purchase gold. This festival also signifies the concept of peace and prosperity. In 2023, Makar Sankranti will be celebrated on 14 January 2023.
Is Saturday a Good Day to Buy Gold?
Generally on Dhanteras, auspicious time for shopping is not calculated because it is believed that the entire day is considered to be shubh muhurat for buying gold. In India, gold is usually bought on occasions like festivals, marriage, birthdays and so on. This is because gold is not just thought as a metal, but as a long term investment. And buying gold on an auspicious day can keep this investment safe. Balipratipada is also known as Bali Padyami or Bali Padva marks the end of Diwali.
Akshay Tritiya is the best day to purchase Gold jewelry or Gold items. It is believed that buying Gold on these auspicious days bestows an exponential increase in your purchase. Pushya Nakshatra is one of the most auspicious stars or Nakshatra according to Hindu scriptures. As per legends, Goddess Lakshmi, the deity of wealth and prosperity was born on this day. As the ruler of Pushya Nakshatra is planet Jupiter, the presence of Pushya Nakshatra on Thursday is considered double auspicious to buy Gold jewelry or Gold items.
It is a prominent Gold purchase Shubh muhurat of 2023when you can buy gold without consulting an astrologer or Panchang. As per Hindu mythology, Lord Vishnu gifted Akshay Patra, a mystical vessel that is always full of food and never gets emptied. It is said that buying Gold on this auspicious day endows immense and never-ending opulence and affluence in the life of the buyer. According to the ancient Hindu astrology, there are a few days that are considered the most auspicious time for purchase of gold.
Makar Sankranti marks the beginning of the harvest season and is considered auspicious. Dhanteras is another blessed day in the Hindu tradition to purchase gold. During Dhanteras and Diwali, there is a huge demand for gold. Either coins or jewellery made of gold are more popular among consumers. The celebration of Dhanteras is symbolic of the veneration of Lakshmi, the goddess of riches. Dhanteras is often observed in India the day before the holiday of Diwali.
However, people across India indulge in festivities throughout the nine days. People observe fast to celebrate the victory of good over evil. They purchase new items, including gold ornaments, as a symbol of good luck. Prices of gold surge during these days as most people shop their wedding jewellery too during Navratri. A prominent harvest festival, Makar Sankranti is an auspicious day.
Makar Sankranti – 14 January 2023
During times of economic uncertainty, as seen during instances of financial recession, more folks flip to investing in gold because of its enduring worth. Gold is commonly considered a “safe haven” for investors throughout turbulent times. When the anticipated or precise returns on bonds, equities, and actual property fall, the interest in gold investing can improve, driving up its worth. Gold can be used as a hedge to protect against financial occasions like foreign money devaluation or inflation. Moreover, gold is seen as a good retailer of worth so folks could also be inspired to purchase gold once they believe that their native forex is dropping worth.
So gold is a physical asset that we put on as jewelry or personal within the form of coins and bars, with supply and demand driving the worth. But to get an idea of what meaning relative to other property you need to look at some statistics, like standard deviation. auspicious day to buy gold in 2016 Standard deviation is the diploma to which the price of something varies from its average over a given time frame, with lower numbers suggesting less worth variability. At the same time, production of new gold from mines had been declining since 2000.
In other coins, both Goddess Lakshmi and Lord Ganesha, and optionally Goddess Saraswati, are embossed on gold coins. Diwali is regarded by most Hindus as the lucky occasion to purchase gold. The purpose of this event is to bring Goddess Lakshmi into our homes so we can seek her blessings on prosperity and fortune. The day before Diwali is dedicated to celebrating Dhanteras.
Auspicious Days To Buy Gold
Gold is such a metal which is used in common life in many things including marriage. Gold also has a special significance in Hinduism because a metal like gold and silver is said to be the storehouse of Kubera. As part of India’s commitment to the Financial Action Task Force , cash transactions above Rs.10 lakh to purchase gold will be required to complete his/her Know Your Customer . PAN card and Aadhaar card are valid documents for the mandatory KYC. Another important festival Indians all around the world celebrate is Navratri.
Significance of buying gold on shubh muhurat
This day is highly auspicious for those who buy gold and silver. The complete number of gold ounces one holds should fluctuate with the price. If, for example, one needs 2% of the portfolio in gold, then it’s necessary to promote when the worth goes up and purchase when it falls. Investments in gold are seen as a secure haven and a crisis-resistant capital funding. It is possible to invest in the yellow treasured metal both in the type of securities and through a bodily buy.
The ushering in of important events often involves gold in one form or another. During the birth of a child, the first present to the newborn is usually a chain or a pendant made of gold, denoting how precious and delicate new life is. Affluent families gift gold to select guests to continue the flow. People from all over the country and Indians all over the world purchase gold during the period of this festival as it signifies new beginnings and good fortune. Navaratri will be celebrated from the 1 October – 24 October in 2023. Gold is considered to be one of the most precious metals around the globe.
That is why it is alloyed with metals like silver, copper, nickel and zinc to give it durability and strength. The higher the number, the higher will be the purity of gold. Yes, Pournami or Poornima or Purnima is a good day to buy Gold items. As per Hindu religion, Purnima is a very auspicious day to begin a new venture or buy anything or perform any auspicious work.
Shubh muhurat, on the other hand, is determined by the Nakshatras, Tithi, Yoga, and Karana. As a result, before buying gold on Saturday, one should consult an astrologer. Pournami, Poornima, and Purnima are all auspicious days to buy gold. Purnima is a particularly auspicious day in Hindu religion for starting a new business, buying something, or performing any auspicious work. Pushya Nakshatra is the most auspicious Nakshatra for purchasing gold. Pushya is known as the “King of Constellations,” and it is thought that buying gold in the Pushya Nakshatra will bring riches and abundance into one’s life.
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Since it is a symbol of purity, prosperity and opulence, you must be careful when it comes to buying gold. One must ensure that they always buy gold from a branded and trusted jeweller. In case you are in doubt and do not know whether to buy a piece of jewellery or coin, read up before you go shopping. The Akshaya Tritiya in 2023 is the most important day to purchase gold. The astrologist can advise you on the best day to buy gold or a sona. On the day of Akshaya Tritiya, they will encourage you to purchase gold.
The festival is celebrated on different days throughout the year. Similarly, buying gold on Navratri is also considered very auspicious. Navratri is a nine days festival celebrated across India, especially in Gujarat and Bengal. The festival commemorates the victory of good over evil and is devoted to Goddess Durga. During the festival, people done fine clothing, including jewellery made of Gold, thus there is a boom in the demand for the metal during this period.
Fasting, charity and helping others on this day is another festive practice. Seeker should give up all those activities which are not mentioned in Gita and Vedas i.e. Purchasing gold is both prestigious and propitious for Indians so they prefer to shop on auspicious days. Gold sales tend to surge during most festivals and in the wedding season. However, days such as Makar Sankranti, Akshaya Tritiya, and Dhanteras are the best time to buy gold. Buying gold on these days or at a specific time on these days brings abundance and prosperity.
One of the reasons may be that it is considered as an item bearing religious and cultural significance, rather than financial value. In addition, gold is considered as offering safety in periods of political instability as properly. Precious metals have been serving mankind in various shapes and forms for hundreds of years.