Gold is an asset that has been world-renounced for its value throughout history and still, today has put a precious metal tag to it.
It is a prominent metal used in the jewelry industry which is considered a status symbol also, the investment aspect of Gold is very-very attractive.
Gold is also one of the safest investment tools as well which makes it very attractive for both institutional investors like RBI and individual investors. Whenever there is uncertainty in the market, Gold is again the best to bet on.
Indians specifically have a special and centuries-old relationship with gold, and during every auspicious event purchasing gold is considered to be the priority for families. It’s not only purchased for wearing or investment purpose but is also considered the best gift for friends and families.
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Whether it’s a marriage or festivals like Dhanteras, purchasing gold is culturally important. You can purchase gold any day but according to Indian Culture, one should purchase gold on auspicious occasions to ensure that the family progresses both financially as well as spiritually.
In this article, we will provide you with a list of dates when you can purchase gold, panchang timing, etc.
Auspicious Date for Purchasing Gold in 2024
The following dates are the most auspicious dates according to the calendar of 2024 where you can purchase gold-
Date | Ocassions |
15 January 2024 | Makar Sankranti |
21 Feb 2024 | Pushya Nakshatra |
19 Mar 2024 | Pushya Nakshatra |
9 April 2024 | Ugadi or Gudi Padwa |
16 Apr 2024 | Pushya Nakshatra |
10 May 2024 | Akshaya Tritiya |
13 May 2024 | Pushya Nakshatra |
9 Jun 2024 | Pushya Nakshatra |
7 Jul 2024 | Pushya Nakshatra |
3 Aug 2024 | Pushya Nakshatra |
30 Aug 2024 | Pushya Nakshatra |
26 Sep 2024 | Pushya Nakshatra |
3 October 2024 | Navratri Day 1 |
4 October 2024 | Navratri Day 2 |
5 October 2024 | Navratri Day 3 |
6 October 2024 | Navratri Day 4 |
7 October 2024 | Navratri Day 5 |
8 October 2024 | Navratri Day 6 |
9 October 2024 | Navratri Day 7 |
10 October 2024 | Navratri Day 8 |
11 October 2024 | Navratri Day 9 |
12 October 2024 | Dussehra/ Pushya Nakshatra |
1 November 2024 | Diwali/Dhanteras |
2 November 2024 | Diwali/Dhanteras |
3 November 2024 | Diwali/Dhanteras |
4 November 2024 | Diwali/Dhanteras |
14 November 2024 | Balipratipada |
18 Dec 2024 | Occasions |
Pushyami
Pushyami is a nakshatra that is known as the most auspicious nakshatra in Vedic astrology. It is also known as Pushya, Pooyam, Pushyami, or Poosam in various languages and traditions.
We observe Pushyami when the planet moon enters the pushyami nakshatra and it comes once every month and sometimes twice a month.
In this auspicious time, you can do any auspicious activity except marriage like purchasing gold, buying a new car, land purchase, beginning travel, etc.
The following are the dates where pushya Nakshatra is considered according to the Panchang-
15 January 2024 | 7 Jul 2024 |
25 Jan 2024 | 3 Aug 2024 |
21 Feb 2024 | 30 Aug 2024 |
19 Mar 2024 | 26 Sep 2024 |
16 Apr 2024 | 24 Oct 2024 |
13 May 2024 | 20 Nov 2024 |
9 Jun 2024 | 18 Dec 2024 |
Makar Sankranti – 15 January 2024
Makar Sankranti is a festive day when you can purchase gold. It is a harvest festival celebrated across India and is the first festival of the year.
On this day, the sun enters the Makara or Capricorn sign and marks the end of the winter season and the beginning of the summer. In 2024, 15 January will be celebrated as the day for Makar Sankranti.
Ugadi or Gudi Padwa – 9 April 2024
Ugadi or Gudi Padwa is an auspicious day considered a harvest day in India. It is similar to the Makar Sankranti but due to the geographical distance between north and south, there is a 1-day gap between these two festivals.
In Andhra Pradesh, Karnataka, and Telangana, this day is celebrated as Ugadi, Gudi padwa in Maharashtra, Onam in Kerala, and Vaisakhi in Punjab. During these festive days, purchasing gold will be auspicious and bring good fortune to the family.
Akshaya Tritiya – 10 May 2024
Akshaya Tritya is one of the most auspicious days to purchase gold and on this day throughout the country the demand for gold surges.
Buying gold in this day signifies wealth and prosperity and this belief leads to a gold rush in the country.
Indians are known to be the biggest beholders of household gold hence, accumulating wealth by purchasing gold is not complete if you have to purchase the gold in this day.
Navratri – 3 October 2022 – 12 October 2024
Navratri has a huge significance in the Hindu way of living as this is observed for nine days which signifies the triumph of good over evil and women’s empowerment.
The puranic story behind this is that a demon king Mahishasura was given a boon by Lord Brahma of immortality from Man, animal, etc. but forgot to include Women because he considered women incapable of killing him.
This led Goddess Durga to fight this evil and resulted in the celebration of Navratri to commemorate the triumph of Navratri. In 2024, it will be observed from 3 October 2022 – 12 October 2024. these nine days can be a good time to purchase the gold.
Dussehra – 12 October 2024
Dussehra or Vijaya Dashmi is the last day of Navratri and is a specifically auspicious day because on this day Lord Ram killed the evil demon king Ravana. The word Dussehra is derived from Sanskrit which means “Das” or “Ten” and Hara which means “Defeat”.
You can purchase gold on this day as this day is considered to be auspicious throughout the world especially in Gujarat but significantly in other places as well.
Diwali – 1 November 2024
Diwali is one of the most auspicious festivals in India which is the day when Lord Ram returned to his kingdom after defeating the evil asura Ravana.
This day is specifically auspicious for purchasing gold and celebrating good over evil. On this day, the Goddess of Wealth Laxmi is worshipped.
Dhanteras – 4 November 2024
Three days after Diwali, Dhanteras is celebrated and is the day when gold is purchased a lot. This is the day when Goddess Lakshmi emerged out of the sea after Samudra Manthan.
The emergence of Goddess Lakshmi on earth is considered very auspicious and hence, wealth-increasing activity like purchasing gold is observed throughout India.
FAQ
Diwali is on 1 Nov, 2024 and if you plan to buy gold next year you can buy it on 1 Nov, 2024.
Buying gold is a traditional practice that is recommended by our ancestors to bring wealth into the house during special days. It symbolized good luck and prosperity. Whether it works or not is up to you, however, since it is a cultural value passed on by our ancestors, following it will allow us to be attached to our roots.
There are many auspicious days to buy gold in 2024, primarily buy gold during dhanteras, Makar Sankranti, or Akshya tritya as these days are specially mentioned in scriptures as auspicious days to buy gold but, these days are once a year days hence, you can choose an ascpicuous nakshatra as per your chart to buy gold but some general nakshatra which is good for buying gold in 2024 is Pushya Nakshatra.
Dhanteras is an especially auspicious day to buy gold, the other name of dhanteras is Dhanatrayodashi, and is a special day dedicated to Lord Kuber who is the god of wealth. Apart from Lord Kuber, Shri Lakshmi is also worshipped on this day.
Yes, there is some recommended auspicious time to buy gold however, it depends from day to day and is very dynamic. You can find the auspicious time in your local punching which will list out all the bad and good times to purchase gold.
Shubh Muhurats are very dynamic and not every day, the shubh muhurat remains the same. The panchang calculates a day from Sunrise to sunset hence, the changes in the sunset or sunrise timings change the shub muhurat for that day. You can consult panchang to find the auspicious day.
Priya Bansal is a seasoned education writer with a passion for creating insightful and engaging content. With a background in education and a knack for research, she excels at producing articles, blogs, and resources that inform and inspire. Priya’s work contributes to the enrichment of educational discourse and empowers learners of all ages.