Best Days to Buy Gold in 2024: Which Day is Good to Buy Gold in a Week? (2024)

In India, Gold is regarded as an auspicious metal to buy because it is a safe investment, and the metal is also considered a sign of beauty and majesty. Considering the emotional and financial value of Gold, people have this question in mind: What arethe Best Days or Auspicious days to buy Gold? And some even want to knowwhich day in the week is good to buy gold. If you have the same query, then the answer is given below:

Significance Of Purchasing Gold On Auspicious Days

India is a land of festivals and religious devotion. The sale of gold climbs during auspicious occasions such as Dhanteras and wedding ceremonies. Gold is said to promise abundance and prosperity, along with gradually becoming a very solid source of investment. Moreover, it holds an auspicious place in mythologies and scriptures. Thus, the sacred place of gold is very deep-rooted in the Indian mind.

List Of Best Days To Buy Gold In 2024

In India, the calendar is full of festivals and special occasions almost every month. Here, we have highlighted some of the keyauspicious days to buy gold in 2024.

Auspicious Occasion

Date

Pushya Nakshatra21st February, 19th March, 16th April, 13th May, 9th June, 7th July, 3rd August, 30th August, 26th September, 24th October, 20th November, 18th December 2024
Makar Sankranti15th January 2024
Ugadi and Gudi Padwa9th April 2024
Akshaya Tritiya10th May 2024
Navratri9th April to 17th April 2024, 3rd October to 11th October 2024
Dussehra12th October 2024
Dhanteras and Diwali29th October 2024 and 1st November 2024
Balipratipada2nd November 2024

Which Day Is Good To Buy Gold In A Week?

Thebest day to buy gold in 2024will depend on the month and time when you want to buy gold. Let us discuss some of thegood days to buy gold in 2024.

  • Pushya Nakshatra Days

Pushya Nakshatra is the 8th day after the full or the new moon. It is one of the most auspicious days in the Hindu calendar, making it one of the best days in a week to buy gold. If the Pushya Nakshatra is on a Thursday, it is called Guru Pushya Amrit Yoga and is considered even more special.

  • Makar Sankranti

It is the king of harvest festivals. Makar Sankranti has pan-India significance and is mostly celebrated on 14 January. It signifies the start of the harvesting season. During Makar Sankranti, the sun is said to move towards the north. This is called Uttarayan. You can get excellent offers and discounts for buying gold during Makar Sankranti.

  • Hindu New Year

The Hindu New Year has many names across India. It is called Ugadi in Andhra Pradesh, Karnataka, Telangana, and Gudi Padwa in Maharashtra. In Punjab, it is called Baisakhi, and Onam in Kerala. People buy gold at this time for prosperity and a fruitful future.

  • Akshaya Tritiya

As per the Hindu calendar, the Akshaya Tritiya falls in the month of Vishakha. Akshaya means endless, eternal, or never-ending. In a similar vein, an investment in gold during this time is believed to bring endless wealth and prosperity.

  • Navratri

Navratri is a 9-day festival dedicated to the worship of Goddess Durga. Each of the 9 days is dedicated to worshipping a form of Durga. Indians buy gold during Navratri for good luck and also for wedding festivities. You can expect the gold prices to rise during this time.

  • Dussehra

It marks the culmination of Navratri. Dussehra stands for the victory of good over evil. It is on this day that Lord Ram defeated Ravana and Durga had slain the demon Mahishasura.

  • Dhanteras

Dhanteras marks the beginning of Diwali and is one of the most important days for buying gold. It is devoted to the worship of Goddess Lakshmi. Families seek the blessing of Goddess Lakshmi on Dhanteras. It is one of the hottest days for gold sales in the country.

  • Balipratipada

According to mythology, this is the day on which King Bali returned to earth. Celebrated towards the end of Diwali, buying gold during Balipratipada is considered auspicious. People buy gold during this period for health, wealth, peace, and prosperity.

Final Words

Indians attach immense value to gold. This asset holds spiritual, emotional, and financial importance for many families. It is natural to think aboutwhich day is good to buy gold in a weekto increase its significance in life. Culturally, there are many days which are considered auspicious to buy gold in our country. You must consider your budget, goals and the prevailing market conditions to decide which is the best time to buy gold.

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Best Days to Buy Gold in 2024: Which Day is Good to Buy Gold in a Week? (2024)

FAQs

Best Days to Buy Gold in 2024: Which Day is Good to Buy Gold in a Week? ›

Vastu Tips to Buy Gold

Selecting the Right Day: As mentioned, choosing Monday or Wednesday for buying gold aligns with Vastu principles. Avoid purchasing gold on Saturdays, as it is considered inauspicious for financial activities according to Vastu.

Which day is good to buy gold in a week? ›

Vastu Tips to Buy Gold

Selecting the Right Day: As mentioned, choosing Monday or Wednesday for buying gold aligns with Vastu principles. Avoid purchasing gold on Saturdays, as it is considered inauspicious for financial activities according to Vastu.

Which day is good to buy gold in 2024? ›

Diwali/Dhanteras - 29 October 2024 and 1 November 2024

People believe that buying gold on this day brings good luck and helps to ward off financial difficulties. It is also a time for investing in gold, as it is considered to be a symbol of wealth and financial stability.

What is the right time to buy gold? ›

Which month is best to buy gold? If you're eyeing the calendar, January, August, September, and December have historically been good months for buying gold. Prices tend to go up during these times, so you might catch a good deal.

Should I buy gold in 2024? ›

Prices have risen to an all-time high since inflation took off over recent years, and J.P. Morgan expects prices to continue to rise to an average of $2,500 per ounce by the end of 2024. Many experts agree this is a good time to diversify your portfolio with gold.

What day of the year is best to buy gold? ›

To get a good idea of gold's performance, you can look at its average performance since 1975, when it became legal for purchase again. Looking at its gains and losses, the best times to buy gold are at the start of the year, March, and late April.

What time of day is gold the highest? ›

In the forex market, gold is traded as XAU/USD and is open for trading 24 hours from Monday to Friday. Traders looking for optimal times to trade should consider the North American trading session (3 pm – 11:00 pm GMT+3) as it records the highest trading volume and volatility.

What will be the price of gold today in 2024? ›

gold Rate in India for Last 10 Days (10 GM)
Date22 Carat24 Carat
2024-09-10₹66,046 (303)₹72,050 (330)
2024-09-09₹65,743 (119)₹71,720 (130)
2024-09-08₹65,624 (9)₹71,590 (10)
2024-09-07₹65,615 (0)₹71,580 (0)
6 more rows

Should we buy gold on Akshaya Tritiya 2024? ›

It is considered highly auspicious in Hindu culture to buy gold and jewellery on the occasion of Akshaya Tritiya. Gold is a symbol of eternal wealth, purity, and auspiciousness. Thus, as per popular belief, buying gold on Akshaya Tritiya will bring prosperity to the household.

In which month is gold price lowest? ›

Best Month of the Year to Buy Gold

Since 1975, the gold price has tended to drop the most in March. The daily chart above shows April might offer a slightly lower overall price, but history shows March is the month gold falls the most and is thus one of the best times to buy.

Should you buy gold now or wait? ›

If you wait, then, the price could soon become prohibitive. This is especially true for gold bars and coins, which are already subject to a marked-up price when purchased through certain avenues. So don't wait for that to happen. Remember that, overall, gold's price only heads upward.

Is Friday a good day to buy gold? ›

In a week, the days, Monday, Tuesday, Thursday and Sunday are considered good for buying gold.

Can we buy gold on Saturday? ›

1) According to Vastu and astrology, Saturday is generally not considered an auspicious day to purchase gold or other metals as it may bring bad luck. 2) The best days to buy gold are auspicious Hindu calendar days like Akshaya Tritiya or Dhanteras, as well as the Mars horai period on Tuesdays.

What is the gold price prediction for the next week? ›

Gold price forecast for next week : Increase or decrease

The gold rate predicted for tomorrow is Rs. 7395 for 1 gram of 24-carat gold, with a negligible change of 0.027%. Over the next week, the gold rate is expected to vary between Rs. 7395 and Rs. 7021 for 1 gram of 24-carat gold.

What days are best for selling gold? ›

If you plan to buy low and sell high, the annual lowest price of gold generally occurs around the second week of January. From there, the price often makes a steady rise through to the end of the year, with a summer dip in price between April and June.

Which is the best day to wear new gold? ›

Lucky Days for Wearing Gold Rings
  • – Sunday: Associated with the Sun, it's considered an auspicious day to start wearing a gold ring.
  • – Thursday: Ruled by Jupiter, it's believed to be lucky for financial and career matters.
  • – Friday: Governed by Venus, it's thought to be lucky for love and relationships.
Jun 23, 2024

Is gold traded 7 days a week? ›

With gold futures you can trade nearly 24 hours a day, five days a week and take advantage of potential trading opportunities regardless of market direction.

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