Akshaya Tritiya 2024: Know Best Time To Buy Gold, Silver Or Property On This Day

The festival of Akshaya Tritiya, just like Dhanteras, holds a special significance in Hinduism. On this auspicious day, people prefer to buy gold or silver, vehicles, land or even a house. It is also believed that opening a new venture or shop is also considered to yield good results. This year, Akshaya Tritiya will be celebrated on May 10. Recently, renowned astrologer of Kashi, Pandit Sanjay Upadhyay shared some auspicious times to buy precious metals or real estate. As per the expert, any work done on this auspicious day gives good results. For Taurus and Leo ascendants, this is an excellent time to start a new business or inaugurate a shop. The time for Taurus sign is from 5:45 am to 7:25 am; the time of Leo ascendant is from 12:07 pm to 2:21 pm. Pandit Sanjay Upadhyay advises doing any business-related work during this time.

If you want to buy gold, silver, a vehicle, land or a house on this day, then the Pandit shared that the suitable and auspicious time for this is between 12:01 pm to 2:21 pm. Making a purchase during this time can get you the deserved result of the hard-earned money.

Why is Akshaya Tritiya auspicious?

All over India and in parts of Nepal, Hindus and Jains celebrate Akshaya Tritiya. The day marks new ventures, marriages, charity and investments in gold and property. As per the religion, on the day of Akshaya Tritiya, Lord Vishnu’s incarnation, Parashurama and Hayagriva were born. Parashurama is known as the sixth avatar of Vishnu and a Brahmin warrior responsible for restoring balance and dharma by defeating evil, while Hayagriva is known to be a horse-headed avatar of Vishnu and God of Knowledge and Wisdom. Their birth anniversaries are celebrated on this day. It is also believed that the Tretayug began on this date, during which Lord Rama was born.

In Sanskrit, the word Akshaya means never decreasing (of prosperity, hope, success and happiness), while Tritiya means the third phase of the Moon. Akshaya Tritiya falls on the Lunar Day of the Vaisakh month, as per the Hindu calendar.