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Why We Purchase Gold on Dhanteras?

Last updated on December 9th, 2023 at 04:09 pm

Estimated reading time: 3 minutes

Gold is seen as a valuable commodity all over the world, and for many different reasons. One of the most popular times of year to purchase gold is on Dhanteras, a Hindu festival that celebrates wealth and good fortune. Let’s take a look at some of the reasons why people buy gold on this special day.

1. What is Dhanteras?

Dhanteras is a major Hindu festival celebrated in India. It is celebrated in honour of the god Dhanvantari, who is said to have emerged from the ocean with the Churning of the Milk of Creation (Samudra manthan) holding a pot of Amrita, the elixir of immortality. Dhanteras is celebrated on the thirteenth day of the Krishna Paksha (dark fortnight) of the Hindu month of Kartik.

2. What is the significance of Dhanteras?

Dhanteras is a significant Hindu festival that is celebrated in India and other countries with a Hindu population. The festival is celebrated on the thirteenth day of the Hindu lunar month of Kartik and marks the beginning of the Diwali festival. Dhanteras is celebrated by worshiping the Goddess Lakshmi and Lord Kubera, and by purchasing gold or silver jewelry. The festival is believed to bring good luck and wealth in the coming year.

3. Why do people purchase gold on Dhanteras?

People purchase gold on Dhanteras because it is considered auspicious. Gold is a sign of wealth and prosperity, and buying gold on Dhanteras is believed to bring good luck and fortune. Additionally, gold is a safe investment that is likely to appreciate in value over time.

4. What are some of the benefits of purchasing gold on Dhanteras?

For centuries, gold has been used as a form of currency because it is a valuable resource. Today, gold still retains its value and is a popular investment option. There are many benefits to purchasing gold on Dhanteras, including:

• Gold is a sound investment. Over time, gold has consistently retained its value, making it a smart investment choice.

• Gold is a global currency. Gold is accepted in countries all over the world, making it a valuable asset to own.

• Gold is a safe investment. Unlike other investment options, gold is not as vulnerable to market volatility and is a relatively safe investment.

• Gold is easy to sell. If you ever need to sell your gold, it is easy to find buyers who are interested in purchasing it.

If you are considering purchasing gold on Dhanteras, be sure to do your research and understand the benefits of doing so. Gold is a sound investment option with many benefits, so make sure you take advantage of this special day and invest in gold!

5. How can you make the most of this auspicious day?

Some people believe that the day you are born is an auspicious day, and there are ways you can make the most of it. One way is to learn about your astrological sign and what it means. Another is to perform certain rituals or make specific offerings to the gods. You can also wear certain colors or gemstones that are said to be lucky for your sign. There are many ways to make the most of your auspicious day, and it’s important to find what works best for you.

There are many reasons why people purchase gold on Dhanteras. Some believe that it brings good luck and wealth, while others see it as a more stable investment option. Whatever the reason, it’s clear that gold is a popular commodity for this special day.

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