Auspicious Days to Buy Gold In India 2024: List of Best Days IIFL Finance

auspicious day to buy gold

Hence, users are advised to independently exercise diligence by verifying auspicious day to buy gold complete information, including by consulting experts, if any. Users shall be the sole owner of the decision taken, if any, about suitability of the same. Monday, Tuesday, Thursday and Sunday are considered the best days to buy Gold in a week. If Pushya Nakshatra is falling on Thursday, then one should always prefer Gold purchase on that day. Join us as we search deeper into the significance of the Shubh muhurat for purchasing Gold in 2024.

Is Akshaya Tritiya good day to buy gold?

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While shrewd (or lucky) timing can really boost returns, we’d always encourage you to keep up with the gold forecast and for your gold investment to be a long-term commitment to really reap benefits. Stick to your long term investment strategy rather than buying and selling gold according to your emotions. You have to take a call based on the market conditions and your goals to make the right choice.

Akshaya Tritiya

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auspicious day to buy gold

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Seasonality and Time of Day Can Indicate a Good Time to Buy Gold

  1. In India, gold coins are specially molded for Diwali with Goddess Lakshmi embossed on the front and her symbol Shri embossed at the other side of the coin.
  2. It is celebrated on the 13th day of the Krishna Paksha in the Hindu month called Kartik and carries immense significance in Hindu culture.
  3. As a harvest festival, it guides in the beginning of the harvest season, making it one of the most auspicious times to purchase gold in 2024.
  4. Certain times throughout these auspicious days known as ‘Muhurats’ attract higher sales, as they are auspicious according to Hindus.

Shubh Muhurat for buying Gold in 2024 indicates an auspicious time in the Hindu calendar or Panchang. During this, the positioning of the stars and planets is thought to influence our fortune. So, choosing the best time to purchase gold is a great muhurat for maximising wealth and success. 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.

Purchasing Gold in this Horai makes the gold stay longer with you. 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. Among all the shubh muhurat to buy gold, Akshaya Tritiya in 2024 is the most important.

Which Day is Best for Buying Gold?

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Owning some gold before the next big market event is far more cost effective than adding gold to your portfolio afterwards. While technical signals can’t guarantee upcoming gold price movements, they can significantly improve probability when combined with fundamental catalysts. This approach is suited only for experienced traders who are willing to put in the constant work required to keep up with the ever-evolving markets. Using technical indicators can offer more precise moments to optimize gold buying opportunities.

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