Auspicious days to buy gold in India 2024 : Complete List

If you are planning to buy gold in 2024 here is a list of Shubh muhurat one must consider as per Hindu calendar which includes Dhanteras, Pushyami, Gudi Padwa etc.

14 Feb,2024 06:45 IST 4794
Auspicious days to buy gold in India 2024 : Complete List

It is no hidden fact that since ages, gold has held a high significance in Indian culture. It is a symbol of prosperity, tradition and auspicious beginnings. It is a common belief that buying gold on certain auspicious days enhances the buyer’s good fortune multiple times. Let’s check out which are the auspicious days in 2024 for buying this precious metal.

Why Choose an Auspicious Day?

As per the scriptures and manuscripts written centuries ago by sages and pundits of the Hindu community, buying anything new like a house, vehicle, or gold for that matter has to be done on an auspicious day. So they often look up at the sky at the moon and stars when specific lunar phases or astrological positions are appropriate or auspicious. The belief is that selecting these days to buy something gold in any form not only brings in wealth but also prosperity into the buyer’s life.

Additional Read: Invest in Gold

Which Day Is Good To Buy Gold In A Week?

For centuries, Gold has been considered an integral part of our culture in India. It doesn’t just radiate grace, beauty, and royalty; it is also one of the most preferred and safest investment options. So if you are residing in India or, for that matter, any part of the world and are keen to buy the valuable metal, questions like ‘When is a good day to buy gold in a week?’ or ‘What is an auspicious day to buy gold?’, ‘What is the best gold buying day?’ must have certainly crossed your mind.

India is the land of various festivals and celebrations, so there are many auspicious days to buy gold in 2024. Depending on the Hindu Calendar, you can select the dates that match your financial situation. You can even consult an astrologer if you wish to buy gold in a particular week. He will guide you accordingly based on the shubh muhurat.

Top Gold Buying Days in 2024:

If you are planning to buy gold this year, here is a list of the most auspicious days to consider as per the Hindu Calendar:

Dhanteras (November 1-4):

Dhanteras which marks the beginning of Diwali is believed to be the day when Goddess Lakshmi, the Goddess of Wealth, emerged from the ocean during the churning of the milky sea, known as Samudra Manthan. Buying gold on this day is believed to attract the blessings of Goddess Lakshmi and bring wealth and prosperity to the household.

Akshaya Tritiya (May 10):

In Sanskrit, "Akshaya" means "never diminishing". It is thought that good deeds done on this day would bring about eternal success and fortune and that what starts on this day grows endlessly with less obstacles to overcome. Purchasing gold on Akshaya Tritiya is regarded as a lucky charm and an invitation for wealth to enter the home.

Pushya Nakshatra (multiple dates):

As per Vedic astrology, Pushyami is believed to be ruled by the planet Jupiter (Brihaspati) which symbolizes prosperity, good fortune and wealth. It is but natural that this day is considered the most auspicious day to buy gold in 2024. This year there are multiple dates when Pushya Nakshatra will appear thus offering flexibility for and auspicious day to buy gold.
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Makar Sankranti (January 15):

Makar Sankranti marks the end of winter and the start of spring, symbolising new beginnings and the reaping of a bountiful harvest. On this day, the Sun starts its northward journey, which is believed to bring positivity and spiritual enlightenment. Buying gold in any form during this time is thought to multiply the blessings, inviting prosperity into one’s home.

Ugadi/Gudi Padwa (April 9):

People buy gold as a sign of good fortune to symbolise this event, which offers the prospect of a fresh start. The Telugu and Kannada new year is called Ugadi, and the Marathi new year is called Gudi Padwa. This day is viewed as an excellent time to invest, particularly in gold for a prosperous future.

Navratri (October 3-11):

Navratri is a widely celebrated festival in India with great joy and vigour and dedicated to 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. Hence it is all the more reason to buy gold on any of these auspicious nine days.

Dussehra (October 12):

Navratri culminates on the tenth day with Durga Puja, known as Dussehra or Vijayadashmi. Purchasing gold on this day symbolizes the triumph of good over evil and thus believed to bring blessings. People eagerly await this day to make gold investments in an effort to attract wealth and prosperity into their life.

Here’s a quick snapshot of the auspicious days to buy gold in 2024

Days Date
Makar Sankranti January 15, 2024
Pushya Nakshatra February 21, 2024
Pushya Nakshatra March 19, 2024
Ugadi and Gudi Padwa April 9, 2024
Pushya Nakshatra April 16, 2024
Akshaya Tritiya May 10, 2024
Pushya Nakshatra May 13, 2024
Pushya Nakshatra June 9, 2024
Pushya Nakshatra July 7, 2024
Pushya Nakshatra August 3, 2024
Pushya Nakshatra September 26, 2024
Navratri October 3 to October 11, 2024
Dussehra October 12, 2024
Dhanteras/Diwali November 1 to November 4, 2024
Balipratipada November 2, 2024

Conclusion

These are just some of the most popular choices of auspicious days to invest in gold. You have to decide what aligns with your beliefs, preferences, convenience and budget.

FAQs

Q1. Which day is auspicious to take a Gold Loan?

Ans. If you make all important decisions based on auspicious days only, then you can consult your astrologer or Guru. However, whether your gold loan will be accepted depends mostly on your repayment capacity, among other factors such as eligibility, income, and the purity of the gold ornaments.

Q2. Which day is lucky to buy gold?

Several occasions, such as Akshay Tritiya, Dhanteras and Dussehra, are traditionally deemed as an auspicious day for buying gold. But before you put your hard-earned money into buying the precious metal, conducting thorough research is essential. Making an informed decision after checking the Hindu calendar, which lists out all the good days to buy gold, is likely to lead to favourable outcomes. Alternatively you can also check with a well-known pandit in your area.

Q3. What is the best month to buy gold in a year?

Start by conducting thorough research on the market dynamics to identify the most favourable times to invest in gold. Then, evaluate your goals, priorities, and capacities to ensure a well-informed decision.

Q4. Is Monday a good day to buy gold?

Your first step involves studying market conditions to pinpoint the best timing for acquiring gold. Additionally, analyze your personal objectives, preferences, and capabilities before proceeding with a purchase.

Q5. Is Tuesday a good day to buy gold?

If you are planning to invest in gold, it's best not to jump in just yet. Take time to understand market cycles and carefully consider your financial goals and limitations before making a move.

Q6. Is Wednesday a good day to buy gold?

Wondering if you should be buying gold on a Wednesday? Here's what to do first: Deep dive into market trends to identify the best buying window. Next, sit down and evaluate your financial goals and resources to ensure a well-informed investment.

Q7. Is Thursday a good day to buy gold?

If you are keen on diversifying your portfolio, then Investing in gold can be one of the smartest ways. But it's crucial to plan for the long term. Start by researching historical market trends to identify favorable buying opportunities. Finally, analyze your long-term goals and financial capacity before making a commitment.

Q8. Is Friday a good day to buy gold?

To make the best-informed decisions about buying gold or any other precious metal, start by researching historical price movements and current market factors. Then, take stock of your investment goals, risk tolerance, and available capital.

Q9. Is Saturday a good day to buy gold?

You must decide based on both market conditions and your personal goals to ensure the best choice. The timing and amount of investment will vary according to your objectives, irrespective of the day being Saturday or any other day.

Q10. Is Sunday a good day to buy gold?

Studying the current gold market prices and considering your own financial goals will assist you in making informed decisions. Proper planning of your investment strategy increases the likelihood of achieving positive results. Understanding the market trends and aligning them with your goals ensures that you make well-thought-out choices, enhancing the chances of success in your investments.

Q11. Can I sell gold on a Friday?

Absolutely, there are no restrictions whatsoever on selling gold on any given day.

Q12. Is it good to buy gold on Diwali?

Many consider the festival of Diwali an auspicious time to buy gold. In fact, Dhanteras is considered an auspicious day to buy gold in 2024. But then again, it also depends on your financial goals and the market price of gold. It is best to conduct thorough research before making the purchase.

Q13. Which nakshatras are good for buying gold?

According to the Hindu calendar, the Pushya Nakshatra is considered an auspicious day to buy gold. However, you should also consider other factors such as your needs, preferences, affordability, and market conditions.

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