According to the jewellers of India, the demand for gold coins and jewellery is high on this day. It is believed that purchasing gold on this day would invite wealth and fortune to the family. Balipratipada is also known as Bali Padyami or Bali Padva marks the end of Diwali. It is celebrated on the fourth day of Diwali and is considered one of the auspicious days to buy gold in 2023.
- As per Hindu traditions, Amavasya is an in-auspicious day to buy Gold or perform any auspicious work or start anything new.
- Moreover, according to our Hindu calendar, there is a particular time, “Rahukalam”, the most malefic time of a day.
- Obviously, there were years when the gold price did fall—but there were also years it soared.
- You could purchase stock in a gold-based company, such as one focused on mining.
- Any day on Pushya Nakshatra and festivals are said to be the best days to buy Gold jewelry and Gold items.
As per Vedic astrology, the timing of Rahu kaal is very inauspicious to buy gold. Apart from this, there are certain days when buying gold must be completely prohibited and it depends on the position of the stars, Yoga, Karana, etc. Pournami, Poornima, and Purnima are all auspicious days to buy gold.
List Most Auspicious Days to Buy Gold in 2023
As the festivities of Diwali come to an end, buying gold on Balipratipada has much significance. People buy gold to bless their household with abundance and invite prosperity. You may also get the benefit of festive discounts and offers on gold purchases on Balipratipada. The gold bought on this day symbolises progress and good fortune.
You need to see gold as a support system, one that can protect your savings and even future retirement. It’s not something that you can cash in constantly.True, you might be able to make money off of gold sooner than you expect. The concept of saving money for a rainy day applies greatly with gold. It’s like a heavy, shiny umbrella that you’ll always have in a safe place.You can’t possibly save every dollar you earn.
Gold is more considered insurance because it is stable and protects your purchasing power. However, with reckless governments and central banks, it would be no surprise if we see unprecedented increases in the price of gold just around the corner. You may be aware that according to the Hindu calendar, Ugadi and Gudi Padwa fall within the first year. Andhra Pradesh, Karnataka, and Telangana celebrate the new year with Ugadi, whereas Maharashtra celebrates it with Gudi Padwa.
On the other hand, gold has consistently held its worth in other assets including paper money for millennia. The use of gold is deeply ingrained in the cultures of many nations. The Indian wedding season places the largest demand for gold in October globally. People purchase gold for their own needs and offer it to the gods.
Akshaya Tritya is one of the most auspicious days to purchase gold and on this day throughout the country the demand for gold surges. Yes, be it for investment purposes or personal use, in India, people consider different days, times, or even occasions for purchasing gold. Considering different cultures and religious references, lets today check on the list of best days for purchasing gold.
On Which Day Gold Should Be Purchased?
Hindu Astrology lays immense importance of finding the shubh muhurat before performing any auspicious event. 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. Pushya Nakshatra is considered the most auspicious Nakshatra to buy Gold.
Worshipping Kuber on this day is said to bestow devotees with utmost success, wealth, and fortune. While the silver price is typically flat in March, the best month to buy is June, followed by October. The wisdom of buying in June is further supported by the daily chart above.
There are many others reasons why you must always check the best day and time to buy Gold before you buy the same. 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.
During Lakshmi Puja, the newly bought gold coin is attached to the navel of Goddess Lakshmi with the adhesive which is prepared ad-hoc with Sindoor and pure Ghee. There’s no perfect moment, but if there was, this could definitely be considered the “best time to buy gold”. They can also make their money back and more through selling their gold, if need be. The dollar isn’t the only game in town when it comes to investing, and you could change your life by realizing how much gold could do for you. When you think of buying Gold on a specific day, you should consult an astrologer. Apart from being considered the most precious jewellery item, it is often used as a saving or a safe asset.
Auspicious time to buy Gold on Dhanteras 2023
The word “Akshaya” means “never diminishing,” and it is believed that any good deed or purchase made on this day brings long-lasting prosperity. On this day, the sun enters the Makara or Capricorn sign and marks the end of the winter season and the beginning of the summer. In 2023, 14 January will be celebrated as the day for Makar Sankranti. It is a prominent metal used in the jewelry industry which is considered a status symbol also, the investment aspect of Gold is very-very attractive.
Pushyami is celebrated on different days throughout the year according to the arrival of Nakshatra. To know the Pushyami days, you can easily check the Panchang or contact any Hindu priest. Whether you are attending any wedding or any other festival or function, gold has its own attraction. Some purchase gold as a symbol of his/her status, while some purchase it in the form of a family heirloom. Some buy it for investment while others for religious connotations. No matter what your reason for purchase is, here is a list of all the auspicious days for purchasing gold.
Auspicious Days to buy Gold in the Year of 2023
Shubh Muhurat, often known as Choghadiya, are calculated with the help of daily Panchang. Panchang is an ancient Hindu calendar that describes the Hindu tithis and nakshatras, in order to calculate the shubh and ashubh muhurat. However, the perfect time to do so must be checked so that it doesn’t intertwine with a bad kaal. Astrotalk is the best astrology website for online Astrology predictions. Talk to Astrologer on call and get answers to all your worries by seeing the future life through Astrology Kundli Predictions from the best Astrologers from India.
On the thirteenth lunar day of the Krishna Paksha in the Hindu month of Kartika, is when Dhanatrayodashi falls. In addition, gold will be bought for their daughters’ weddings. Most people think it’s highly important to purchase gold at a lucky moment since it brings luck.
It is known that on this day, Lord Vishnu presented a bowl of food to Pandavas, known as the Akshay Patra. Hence, purchasing gold on this day, is believed to bless the buyer with good fortune. As per our expert astrologers, Monday, Tuesday, Thursday and Sunday are the best time to buy gold in a week.
For example, each day on the calendar has a time period called Rahu Kaal. Rahu, as a malefic planet, is known for spreading negativity and causing eclipse. The planet has an unending desire to make others greedy, lusty and selfish, which are some of its personal https://1investing.in/ traits. And Rahu is able to do so by spreading malefic energies, which are most powerful at the time of Rahu Kaal. Thus, buying anything auspicious during this time should be ignored as this could make you want more of it later, thus making you greedy.