Dhanteras 2019: Why buying gold or silver is considered auspicious?


On this day people buy gemstones, ornaments and utensils made of brass, followed by worshipping them by placing it in the east director of the house. All these above mentioned metals are said to get prosperity and wealth to our homes. So that note here are all the essentials you shall look for when you go shopping for gold, silver and puja vidhi of Dhanteras with its auspicious timings.


Nakshatra Pushya, being the birth star of Goddess Lakshmi, has got the honor of being the most auspicious Nakshatra to bring Lakshmi home. Gold is an asset that doesn’t rust, so that it can be used for future investments. Gold has cultural, emotional, and financial value all across the globe. In many countries, jewelry-related gold demand is mainly driven due to traditions like religious rituals, marriages, etc. In the first half of 2020, due to the influence of the pandemic on the gold market, the demand for gold was relatively low in the USA. But at the year’s end, the gold demand increased after the lockdown restriction.

But on the day of Akshaya Tritiya, you don’t need any muhurat to buy something new. This is because the day is really special in terms of planets and if you do anything on this day, it will only give you good returns. Worth mentioning here is that if you are planning to buy gold on Akshay Tritiya then apart from holding it in physical form, you can bet on gold in the paper form as well. The gold mutual funds are mainly in two forms gold ETFs and gold saving funds.

Dhanteras 2019: Occasion marks start of Diwali festivities, people consider day auspicious to buy gold, silver and utensils

The high prices of gold generally lead to low demand for the yellow metal. But since festive and marriage seasons are about to kick off in India, a lot of consumers will most likely buy gold and use them in such functions. Price Transparency – Live gold prices can be seen flashing on the screen, thereby ensuring greater transparency.

Apart from this, Makar Sankranti, Ugadi, Navratri, Diwali, Dhanteras, Dussehra, Onam, Karwa Chauth, Pushyami and days having Pushya Nakshatra are considered the other most auspicious days for Gold Purchase. It is believed that buying Gold on these auspicious days bestows an exponential increase in your purchase. The most auspicious day for Gold purchase is Akshay Tritiya or Akha Teej. 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.

https://1investing.in/ Gold on Shubh muhurat 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. It is believed that purchasing Gold on auspicious days such as Akshaya Tritiya or Pushyami/Pushya Nakshatra bestows good luck and fortune. Thus, most of the gold purchase is done on the most auspicious days or Shubh muhurat for Gold purchase.

  • 60,010 In the current month, the gold rates in Hyderabad surged by more than 6 percent.
  • Gives a flat Rs 1900 discount on gold, diamond and platinum jewellery on purchase above Rs 20,000.
  • The ‘#MyCleanIndia’ was also launched simultaneously as a part of the Swachh Bharat drive to highlight the cleanliness work carried out by citizens across the nation.
  • Gifting is also common during this festival, with gold jewellery being a popular gifting option among a few.
  • Finance minister Nirmala Sitharaman asked state-run banks to review their business models closely to identify stress points, urging them to remain vigilant amid a deepening banking crisis in the US and Europe.
  • It might make your jewellery look good, but will drop its worth incredibly.

On the whole, it can be 2-20% of the value you transacted at. This margin money is lodged with the central clearer that prevents both the parties to walk away from the deal. 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. This Shubh muhurat for Gold purchase is also auspicious for beginning new ventures, investing in new funds or purchasing new or precious things.

The word ‘pushya’ means to nurture, strengthen, or multiply. The day of Pushya Nakshatra is believed to be highly auspicious to make a significant investment or start a new venture. Read on to learn more about the auspicious days of Pushya Nakshatra 2022. You cannot go to all the temples and churches of the world wearing Iron, because wearing it does not affect the magical powers.

Diwali Significance in India (Very Auspicious Days)

Therefore, if someone applying online and paying through digital mode, then you will get the gold at Rs.3,785. Taking this as an opportunity, jewellery shops do huge business in the name of discounts or offers. However, I think many of you are unaware that the Government launched the Sovereign Gold Bond Scheme in 2015 . CaratLane COO and co-founder Avnish Anand said that Akshaya Tritiya has seen customers inquiring about gold coins and chains, significantly less compared to every other year.

Yes, Ekadashi is the best day to buy Gold or purchase precious stones. Purchasing Gold on Vaishnav Param Ekadashi and Nirjala Ekadashi is considered very auspicious and fruitful. As per Hindu traditions, Amavasya is an in-auspicious day to buy Gold or perform any auspicious work or start anything new.

gold rate

I booked the scooty 12th November 2019, also tell me time n date. Buying a Car in Family is an occasion of fun, prosperity and happiness in family. In an exclusive online offer, PC Jewellers is giving up to 7% off on Gold Coins. “We see flat sales this Dhanteras but hope to recover during the wedding season in the coming days,” he added. The fall in prices to ₹51,340 per 10 grams from last week’s high of ₹54,000 per 10 gm added to the footfall, said the executives, as did Tuesday being a public holiday on account of Eid and a number of weddings lined up till July.

How Diwali is celebrated in India?

While leading the mass movement for cleanliness, the Prime Minister exhorted people to fulfil Mahatma Gandhi’s dream of a clean and hygienic India. Shri Narendra Modi himself initiated the cleanliness drive at Mandir Marg Police Station. Picking up the broom to clean the dirt, making Swachh Bharat Abhiyan a mass movement across the nation, the Prime Minister said people should neither litter, nor let others litter. He gave the mantra of ‘Na gandagi karenge, Na karne denge.’ Shri Narendra Modi also invited nine people to join the cleanliness drive and requested each of them to draw nine more into the initiative. “A clean India would be the best tribute India could pay to Mahatma Gandhi on his 150 birth anniversary in 2019,” said Shri Narendra Modi as he launched the Swachh Bharat Mission at Rajpath in New Delhi. On 2nd October 2014, Swachh Bharat Mission was launched throughout length and breadth of the country as a national movement.


“We have seen a lot of customers since morning, and they are buying across the counters,” said Aditya Pethe, director, WHP Jewellers, which has presence in Maharashtra, Goa and Madhya Pradesh. Shahi said that gold is the best investment when markets are in state of panic as it covers above risks. Keeping all these things in mind, Anuj Gupta, Deputy Vice President — Currency & Commodity markets at Angel Broking has recommended that investors should buy gold on Akshaya Trititya 2020. People traditionally wear new clothes and decorate their homes, hoping to welcome the New Year on a bright note. Apart from clothes, people also invest in valuables like gold or property, as it is viewed as an auspicious day to embark on a new journey. Also, on this day, as a lot of people buy gold, jewellery stores give great gold discounts and offers.

Year to date, the rupee has returned minus 11.2% against the dollar. Gold demand is intact because wedding and occasion-based consumption tends to be sticky. Also, the total number of demat accounts, though growing rapidly, is just 102.6 million for a population of 1.4 billion. Other than that, the brand is giving up to 30 per cent off on all diamond jewellery. The same is applied to making charges of gold, silver jewellery and articles.

One MLB season, 30 MVPs: Our writers predict who’ll lead the way for each team – The Athletic

One MLB season, 30 MVPs: Our writers predict who’ll lead the way for each team.

Posted: Tue, 28 Mar 2023 09:04:34 GMT [source]

Hindus worship Lord Kuber as he is considered a treasurer of wealth and bestower of riches, along with Goddess Lakshmi on Dhanteras. Ugadi is an extremely important festival in India and gold adds more colour to it, brightening the day for everyone involved. When Yama, the God of Death, arrived as a serpent, he was blinded by the light of diyas and glittering jewellery. Unable to enter the room, he sat there listening to the stories that the king’s wife narrated to keep her husband awake all night long. Yama left in the morning and spared the young prince’s life. The difference in the price of Gold between buying and selling on the app is because of three factors.

Verified Astrologers

Kundan Group Director Vidit Garg said, “We have almost exhausted all denomination’s coins and demand is still robust.” City-based Gem Selections Managing Director and Founder Pankaj Khanna said there was huge increase in silver sale in comparison to gold. The western region in the country is doing brisk business compared to other regions in the country as Dhanteras is an important festival of there, he added. “As per an estimate, there was a decline of business from 35 to 40 per cent which is a cause of major worry for the traders,” CAIT’s Gold and Jewelery Committee Chairman Pankaj Arora said in a statement. This is an exclusive story available for selected readers only. EV fleet operators, and individuals buying 2- & 3-wheelers have been the main drivers of growth.

In this case, Mumbai’s auspicious day to buy gold in 2019 demand would have an impact on the gold rate today Mumbai. A lot of factors are contributing to the sustained rally in gold prices. Gold prices have come close to 50,000 mark per 10 gram in both 22ct and 24ct category. Let’s check out the table below to know the gold rate per 10 gram for the last ten days. Dhanteras are the two most auspicious days when most of the gold purchasing occurs during Diwali festivity.

Nico Hoerner, Cubs agree to three-year extension – MLB.com

Nico Hoerner, Cubs agree to three-year extension.

Posted: Tue, 28 Mar 2023 02:13:49 GMT [source]

In case of hallmark gold, it is advisable to further check the hallmark symbol on your piece of gold jewellery. With futures, gold is traded for delivery in the future at the current gold price. The day on which the exchange happens is called the ‘Settlement Day’. A buyer has to pay the agreed price to get the delivery of gold from the seller. Usually, the agreement is made between the buyer and seller around 3 months before the date of the proposed delivery. As there remains some time for the delivery of gold whose price can fluctuate daily, both sellers and buyers may move away from the deal.

SBI/Tata Credit Cardholders excluding SBI/Tata Corporate Credit Card with no payment outstanding of more than 30 days, are eligible to get 5% cashback at all Malabar stores. The minimum amount for the transaction is Rs 25,000 and Maximum cashback per card is Rs 2500. We handpicked some of the top brands that are offering exciting deals online as well as at their offline stores.

Add a Comment

Your email address will not be published. Required fields are marked *