India’s tradition of buying gold during certain times of the year is determined by the Hindu calendar and linked to deep cultural beliefs. The calendar marks particular lunar days (tithis), constellations (nakshatras) and festivals associated with wealth. This blog covers the most significant auspicious days to buy gold and their cultural relevance in India.
Some Auspicious Days to Buy Gold in India
The Hindu calendar, also known as Panchang, is full of festivals and astrological timings (muhurats) considered the best for making valuable investments such as gold. Here are some of these auspicious days:
Makar Sankranti
Makar Sankranti denotes the sun’s moving into the Capricorn (Makara) zodiac sign, ending the winter and welcoming days with longer and brighter light. This festival symbolises new beginnings and is considered an excellent time to buy gold; the belief is that the purchase attracts prosperity for the entire year.
● 2026 Date: 14th January
● 2027 Date: 15th January
Also Read: Best Cities to Buy Gold in India: Price Comparison and Shopping Guide
Pushya Nakshatra
Pushya Nakshatra is a powerful star constellation in Hindu astrology, often called the ‘king of nakshatras’. It’s believed to be ruled by Jupiter, the planet of wisdom and wealth. Any investment made during this period, especially a gold purchase, is thought to yield long-term benefits and multiply over time.
• Date: Pushya Nakshatra occurs roughly every 27 days.
Ugadi/Gudi Padwa
A fresh beginning would be the best way to describe the festival of Ugadi and Gudi Padwa, which is celebrated as the traditional New Year in Karnataka, Andhra Pradesh, Telangana, and Maharashtra. Families often buy gold on this day as a symbol of abundance and prosperity for the new year.
● 2026 Date: 19th March
● 2027 Date: 7th April
Akshaya Tritiya
The Sanskrit term ‘Akshaya’ signifies ‘never-diminishing’ or ‘eternal’. This day is of great importance because it’s thought that all wealth and valuables acquired on Akshaya Tritiya will bring everlasting prosperity. It’s one of the most favoured days for gold purchase in India.
● 2026 Date: 19th April
● 2027 Date: 9th May
Also Read: Why Gold Prices Vary Across Indian Cities: Transportation, Tax and Demand Factors
Navratri and Dussehra
Navratri is a nine-night festival dedicated to Goddess Durga, representing divine feminine power. The period is ideal for starting new ventures. Dussehra, which concludes the festival, celebrates the victory of good over evil. Buying gold on this day is seen as a symbol of triumph and a step towards a prosperous future.
● 2026 Dates: 11th - 20th October
● 2027 Dates: 30th September - 9th October
Dhanteras
Perhaps the most famous day for a Gold Purchase, Dhanteras is dedicated to Goddess Lakshmi and Lord Kubera, the deities of wealth. ‘Dhan’ means wealth, and ‘teras’ refers to the 13th lunar day of the Krishna Paksha. It’s a deeply ingrained tradition for households across India to buy gold, silver, or new utensils on this day.
● 2026 Date: 6th November
● 2027 Date: 27th October
Balipratipada
Falling the day after Diwali, Balipratipada is another auspicious occasion, particularly in Gujarat and Maharashtra. It’s considered a favourable day for making purchases and investments, including gold, to ensure financial stability throughout the year.
● 2026 Date: 10th November
● 2027 Date: 30th October
Note: Festival dates in the Hindu calendar may vary regionally, so always confirm with your local Panchang.
Also Read: Old Gold vs New Gold: Which is the Smarter Choice for Investors?
Significance of Gold Purchase on Auspicious Days
Choosing to buy gold on these special days holds significant cultural and spiritual value. Here is why it matters:
● It’s believed to attract the blessings of deities associated with wealth, such as Goddess Lakshmi.
● It aligns a financial investment with positive cosmic energies for growth and stability.
● It honours long-standing family traditions passed down through generations.
● It marks important life events and new beginnings with an asset that symbolises purity and prosperity.
To Conclude
Buying gold on auspicious days like Dhanteras, Akshaya Tritiya, or Pushya Nakshatra blends tradition with smart financial planning. These occasions are believed to attract prosperity, align investments with positive energies, and honour family heritage. Always confirm dates with your local Panchang, as regional variations may occur, and check live gold rates since demand often drives prices higher.
If you need financial support without parting with your assets, explore flexible Gold Loan options on Poonawalla Fincorp’s website today.
FAQs
Which day is considered the best for buying gold?
Akshaya Tritiya and Dhanteras are celebrated and regarded as the best days for buying gold, while Pushya Nakshatra is considered the best for investment.
Do gold prices go down on these auspicious days?
Not necessarily. Prices on auspicious days like Akshaya Tritiya and Dhanteras are likely to remain stable or even increase due to increased demand, so always check live gold rates before you buy.
Is it auspicious to buy gold on any Friday?
Yes, Fridays are usually considered good days to buy gold. The day is linked to Goddess Lakshmi, the Hindu goddess who represents wealth and prosperity.
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