Which are the Auspicious Days to Buy Gold?

Indians are known to follow the mythologies and follows the movement of stars and thus following days can be considered auspicious for buying gold either in physical or electronic form. These days can be also used for starting the new ventures. The biggest gold buying festivals are Akshaya Tritiya and Dhanteras.

Please note that Hindu calendar has regional variations, but the dates below are broadly followed across the country in gold trade for planning inventories. These dates may vary depending on the year in which this post is being seen.

Akshaya Tritiya : Significance: Gold invokes prosperity and falls on 13 May 2013
Gurupushyamrit : Significance: Launching new ventures and falls on 16 May 13
Pushya Nakshatra : Significance: Launching new ventures and falls on  12 June 13
Pushya Nakshatra : Significance: Launching new ventures and falls on 10 July 2013
Guru Poornima : Significance: Festival : 22 July 2013
Raksha Bandhan :Significance: Festival : August 20
Pushya Nakshatra :Significance: Launching new ventures : September 2
Dusshera : Significance: Festival : October 13
Pushya Nakshatra : Significance: Launching new ventures : October 27
Dhanteras : Significance: Gold invokes prosperity :November 1
Laxmi Pujan : Significance: Worshipping goddess of wealth : November 3
Diwali : Significance: Festival of lights :November 4
Bhaubij : Significance: Festival : November 5
Pushya Nakshatra :Significance: Launching new ventures : November 23
Gurupushyamrit : Significance: Launching new ventures :December 19

Shradh -- An inauspicious phase -- a period for paying homage to ancestors, runs from September 20 till October 4. However we have a different opinion as no ancestor will ever get offended seeing their generation rise in life as they want to see you grow and prosper in life. This is our personal opinion and not to offend any section of the society.

Please note that this post was published on 21 Apr 2013 and thus check for the correct dates of the festival/events for the corresponding year and do not forget to check our daily free gold tips for your investment needs.