Shubh Muhurat to Buy Gold in 2023: Know the Best Day to buy gold this year

Moreover, it falls on the second date of Shukla Paksha of Ashadh Month. You can consult ePanchang to be your trusted guide to help you identify the auspicious date and time for purchasing your gold. Gold has long been regarded as the most valuable commodity and possession a person can own. Buying gold has always been the first choice for Indians, whether for jewellery or investment. It is a part of Hindu ceremonies or customs, and it is linked to Indian people’s emotional feelings. On the occasion of festivals, marriages, childbirth, birthdays, or anniversaries, people look for the ideal day to buy gold or look for today’s muhurat for gold buying.

Purnima is a particularly auspicious day in Hindu religion for starting a new business, buying something, or performing any auspicious work. However, Shubh muhurat depends upon the Nakshatras, Tithi, Yoga and Karana. Thus, one should consult an astrologer before buying gold on Saturday. According to Vedic astrology, one should not do any auspicious work or buy Gold during Rahu Kaal timings. You may know the exact Shubh muhurat timings for Gold Purchase and find the inauspicious time by consulting our expert astrologers.

  • In the big picture, however, it’s less about snagging the exact bottom and more about how many ounces you own.
  • This day is specifically auspicious for purchasing gold and celebrating good over evil.
  • By oversight and probably a little carelessness, they left the bike unlocked and went upstairs to bring their friend down to have a look at the bike.
  • They can also make their money back and more through selling their gold, if need be.
  • However, in India, this yellow metal is not merely an asset for any family but comes with certain emotional and social values.

Akshay Tritiya or Akha Teej is the most auspicious day for buying gold. It is a significant gold purchase Shubh muhurat in the year 2023, when you can acquire gold without consulting an astrologer or Panchang. Lord Vishnu bestowed Akshay Patra, a mystical vase that is constantly full with food and never empties, according to Hindu legend. It is stated that purchasing gold on this auspicious day bestows great and limitless luxury and wealth in the buyer’s life. However, currently, the majority of individuals purchase gold to be used as jewellery for important occasions like weddings, etc.

By considering these five aspects, astrologers are able to find the most appropriate gold purchase muhurat today. Yoga plays a very important part in determining the best muhurat for purchasing gold today. The 27 yogas are used for finding the most appropriate time for an auspicious event.

Which zodiac signs should always wear gold?

And keep in mind that you may be on the hook for delivery fees—plus insurance—to assure the safe transport of your bullion. Any gold purchase of Rs.10 Lakhs or more requires the purchaser to showcase his/her KYC details document like PAN Card, Aadhaar card, etc. The festival celebrates the victory of good over evil and involves various rituals, fasting, dancing (Garba and Dandiya), and worship of different forms of the goddess.

  • It usually occurs twice a year, in the months of Chaitra (March-April) and Ashwin (September-October).
  • Now, that the purchase of gold has increased, because people are purchasing gold, not just for cultural values, but as financial assets.
  • If you are looking to safeguard your nest egg and planning to retire, then the day doesn’t matter.
  • Another option for buying gold is to purchase it in the form of jewelry from a jeweler.
  • The day before Diwali is dedicated to celebrating Dhanteras.

You might get the urge to buy right away only to see the price change considerably at another time. Whether they’ve been in the game for 20 years or 20 minutes, all investors need to consider a critical question before making a gold purchase. Is it a good time to buy gold now, or can I get a better price at a later date?

Dussehra is a prominent Hindu festival celebrated on the last day of Navratri. Lord Rama had killed Ravana and Goddess Durga had slain the demon king on this day. To celebrate their victory and the beginning of good times, people buy gold. All nine days of Navratri are auspicious to buy gold in 2023. Gold prices may peak during these days as demand is very high. Jewellers launch new festive and wedding designs at this time.

Auspicious time to buy Gold in 2022 – Q&A

Friday is often believed to be a good day to buy Gold items. However, it is advisable to consult an astrologer or Check Shubh muhurat for Gold today before purchasing Gold on Friday. 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.

Auspicious days for buying gold

Since, gold holds such a high regard in Indian Society, purchasing gold is also a special event that is timed as per the old Hindu tradition of Pachanga. Diwali is one of the most auspicious festivals in India which is the day when Lord Ram returned to his kingdom after defeating the evil asura Ravana. Dussehra or Vijaya Dashmi is the last day of Navratri and is a specifically auspicious day because on this day Lord Ram killed the evil demon king Ravana.

Can I buy gold on purnima?

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. While their stocks’ prices may not entirely match the trajectory of physical gold’s price, they will likely be correlated. This gives you exposure to gold as an investment without the risk or headache of handling physical gold. Akshaya Tritiya is a significant Hindu festival that falls on the third day of the lunar month of Vaishakha (April-May). Makar Sankranti is a Hindu festival of harvest celebrated astonishingly all over India.

Celebrated across the country, it is also known as Pongal and Bihu in different states of India. Makar Sankranti is falls each year on 14th January and the day marks the beginning of the harvest season. In Punjab, people celebrate 13th January as Lohri and consider the day auspicious for purchasing gold. Buying gold on or around Makar Sankranti symbolizes prosperity. Jewellers also provide special offers like gifts or discounts on making charges when you buy gold on Makar Sankranti. Saturdays are usually considered to be a bad day to purchase gold, therefore, you should avoid purchasing gold on this day.

What also sticks out is that historically, silver doesn’t revisit its January lows. The only other best times to buy, on average, is in March or late June. You can also see the price does not historically revisit its prior-year low. The low of the year is indeed in January—but it’s the low of that year, not the previous year.

Significance of buying gold on shubh muhurat

That being said, they’re also at the mercy of the stock market. Don’t be too taken aback if you see their value drop in the short term. The storm is brewing, and the ship is leaving the dock soon. You should understand that gold has been seeing some major growth on a remarkably consistent basis.

Ugadi is celebrated by people in Andhra Pradesh, Telangana, and Karnataka. Onam is the new year for the people living in Kerala while Gudi Padwa is celebrated in Maharashtra. All these festivals are celebrated as the new year and people are more likely to buy gold on this day as it signifies prosperity and new beginnings. Akshay Tritiya is another most auspicious day for buying gold.