Categories
Browse By Products
Investments
Articles

Importance of Buying Gold and Silver at Akshaya Tritiya

Introduction

Tritiya is the third lunar day of moon’s ascending phase and descending phase and the Tritiya falling on the descending days in the Hindu month of Vaishaka is marked as Akshay Tritiya. This day is considered as an auspicious day for buying Gold and Silver. When people buy gold on Akshay Tritiya day, it is believed that their prosperity multiplies.

Akshay Tritiya importance hails from the fact that it was the day the sixth avatar of Lord Vishnu, Lord Parshurama was born and it was the day when Lord Ganesha started scripting Mahabharat as dictated by its author Veda Vyas.

Whether intended or not, even those who fondly procure at least a gram of gold on this day, comment that this is purely a gimmick by the merchants to enhance their sales of ornaments made out of this precious metal.

Legends and beliefs

Legends and mythological anecdotes are talked about throughout the country on Akshay Tritiya, as the day in which Goddess Annapoorna Devi, the provider of food for people was born. Likewise, they believe that it was on this day the river Ganges started flowing in the country.

It is said that Sudama, the childhood friend of Lord Krishna who was very poor, visited Lord Krishna on this Akshay Tritiya day, which brought him lot of wealth. Likewise, there are stories told that Yudhishtra had an Akshaya Patra to provide food for everyone needed food in his kingdom. It was on this day, Draupadi was stripped off her saree by Dushasan, Duriyodhan’s brother, Lord Krishna provided cloth in abundance for her to keep her clothed all the time.

Jainism and Akshay Tritiya

Jains consider this day as an important day and observe the first ‘aharacharya’, which is a ritual of preparing and feeding Jain monks. This was the day when Lord Rishabhadeva denounced the worldly activities after leaving the kingdom to his 101 sons to rule, of whom Gommateshwara Bahubali was one.

Astrological Significance

Astrologers throughout the country profess that Akshay Tritiya day is the time wholesome period. This is the 24 hour window of time, when Moon and Sun are so coordinated to fetch wealth in abundance to one who buys any item of value.  This happens only once in an year, when the earth gets more energy for endowing one with riches, while King’s favour would befall on them because of their planetary combinations.

We at Money Super Bazaar

Making money is an interesting job but seeing it grow by making right investments is even more fascinating. Welcome to the world of "MONEY SUPER BAZAAR" where the effort is to help our readers in making smart investments by providing them details about best mutual funds, stocks, bonds and other money making alternatives.

Looking to apply for a credit card or searching for the customer care number of any financial institution in India, we have all the details to assist you in making your life easier.