Auspicious Days to Buy Gold In 2024: [Complete List]

In India, gold has been considered a very precious metal, not only for its financial value but for its symbolic and cultural significance. It is related to wealth, good fortune and prosperity. The belief is deeply rooted within Indians and the understanding that purchasing gold on auspicious days is considered important for attracting positive fortune. 

India is a multicultural country, so people from different communities and states consider different days to be best for buying gold. The yellow metal in the country is considered to be an asset and is one of the most used jewelry-making metals. Let’s explore the best days to buy gold in 2024.

List of Best Days To Buy Gold In 2024

Best Days to Buy Gold In 2024

Makar Sankranti

The start of the year January brings Makar Sankranti and it is largely celebrated and holds a major significance for buying gold in India. The festival marks the sun’s transition into the Capricorn sign that symbolizes winter’s end and the beginning of longer sunny days. 

On this day, it is believed that buying gold brings luck and prosperity. The sun’s movement is considered to enhance positivity and be favorable for gold purchase. 

Pushya Nakshatra

Pushya Nakshatra also known as Pushyami, Pooyam and Poosam, holds a significant place in Hindu culture. It is one of the favorable days for making investments because it falls on the eighth day after the new moon or the full moon. 

If we consider Vedic astrology then Pushyami is believed to be ruled by Jupiter (Brihaspati), the planet of prosperity and wealth. Astrologers believe that this is one of the best days to purchase gold as it brings growth, good fortune and abundance. 

Ugadi and Gudi Padwa

Ugadi and Gudi Padwa are highly celebrated New Year’s in different states of India. Moreover, this day is also called Vaisakhi and Onam. With the promise of a new beginning, people symbolize this festival by purchasing gold as a sign of good fortune. 

Ugadi is the Kannada and Telugu New Year while Gudi Padwa signifies the Marathi New Year. This day is seen as an investment opportunity especially in gold metal for a bright future. 

Akshaya Tritiya

Akshaya Tritiya also known as Akha Teej is considered to be a good day to purchase gold in Hindu culture. This day falls on the third lunar day of the traditional Indian calendar’s Vaisakhi month. 

According to Hindu mythology, purchasing gold on this auspicious day will continue to grow just like the name suggests “Akshaya” which means eternal or endless. Many people also choose to get married or start a new venture on this day. 

Navratri/Dussehra

Navratri is a widely celebrated festival in India, dedicated to the goddess Durga. According to Hindu mythology each day for the nine days of Navaratri is dedicated to a form of goddess and gold represents her divine energy. 

Navratri culminates on the tenth day with Durga Puja, known as Dussehra or Vijayadashmi. It is believed that on this day purchasing gold symbolizes the triumph of good over evil and brings blessings. People look forward to this day to invest in gold as a means of inviting prosperity and wealth into their lives. 

Dhanteras/Diwali

Dhanteras is the first day of the widely celebrated festival in India, Diwali. The day is celebrated on the 13th day of Krishna Paksha in the month of Kartik (Hindu month) and holds immense significance in Hindu culture. Dhanteras is considered a highly auspicious day for wealth and prosperity just like the name.  

It is believed that Lord Dhanvantari, an incarnation of Lord Vishnu and one of the physicians of the gods, emerged with a pot of elixir. This day also symbolizes financial stability hence, people invest in gold metals on this day to worship wealth. 

Balipratipada

Balipratipada is a significant Hindu festival. It influences the tradition of purchasing gold due to its religious and cultural importance. It is believed that on this day, King Bali returned to Earth, symbolizing generosity and prosperity.  

On this day, buying gold is considered auspicious as it signifies wealth and well-being. This act is rooted in the belief that gold attracts blessings, a symbol of affluence and financial prosperity. 

Bottom Line

Forbes Advisor India has compiled the best days to buy gold in 2024. However, this list is not a definitive one with no compulsions; every day is good to invest if the investment is well thought of and researched. Different cultures and different beliefs but the underlying importance remains the same: a hope for a brighter future and well-being. So, plan your gold purchases accordingly.