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Thursday, February 29, 2024
HomeCity NewsAkshaya Tritiya fewer business for the gem and jewellery industry

Akshaya Tritiya fewer business for the gem and jewellery industry

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Akshaya Tritiya is one of the most auspicious three-and-a-half mahurats of the Hindu almanac for performing religious rites and making gold, silver, and gem purchases. Kalikanand Saraswati said, “In our Hindu religion, it is believed that buying gold on Akshaya Tritiya brings prosperity and good fortune. According to Hindu mythology, Goddess Lakshmi was born on this day, and she is the goddess of wealth and affluence.”

 Buying gold jewelry is seen as a way to please her and invite prosperity and her blessings. This day is considered ideal for initiating new ventures, making investments, and purchasing valuable assets like gold and property. The term “Akshaya” means “never diminishing” in Sanskrit, and it is believed that performing good deeds on this day will result in everlasting prosperity and blessings.

Prasad Guruji (a Hindu priest) told Afternoon Voice, “The Akshaya Tritiya falls on this Saturday, and the mahurat starts at 7.50 am on April 22, and ends at 7.45 am on Sunday, April 23. “But the festival will be celebrated on Saturday only because it’s the beginning of the Muhurat.”

Pandit Vedprakash said, “During this time, very few weddings will be performed because planet Jupiter (Guru) is combustible (‘ast’). “It will rise on April 29, after which there are big wedding muhurats on May 1, 2, and 10.”

Ankita Jewellers said, “The gold rates have gone up, today there is less business compared to last year. Gold stands at Rs 60,000 per 10 gm, and rates are expected to rise further. Meanwhile, fewer weddings are scheduled on this day, so gold purchases are also limited.”

Just like gold, silver is also considered a lucky metal, and buying silverware like utensils, coins, or other silver items is believed to bring good luck and prosperity. Many people also choose to give silver items to their loved ones on this day. Investing in real estate on Akshaya Tritiya is considered very auspicious, and many people believe that it brings long-term prosperity and wealth. This day is considered ideal for buying land, property, or a house. In this modern era, many consider that this day is perfect for investing in the stock market. Many people choose to invest in shares or mutual funds on Akshaya Tritiya, as it is believed that investments made on this day will yield positive returns in the long run.

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