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2008-06-02

India's auspicious days for buying gold

The following are some of the days considered auspicious according to the Hindu calendar for gold purchases in India:


Jun 7 Sat Pushya Nakshatra Day for new ventures


Jul 5 Sat Pushya Nakshatra Day for new ventures


Aug 1 Fri Pushya Nakshatra Day for new ventures


Aug 28 Thu Gurupushyamrit Day for new ventures


Sep 25 Thu Gurupushyamrit Day for new ventures


Oct 1 Wed Dussera Festival


Oct 22 Wed Pushya Nakshatra Day for new ventures


Oct 26 Sun Dhanteras Gold for prosperity


Oct 28 Tue Dipawali Festival of lights


Nov 18 Tue Pushya Nakshatra Day for new ventures


Dec 15 Mon Pushya Nakshatra Day for new ventures


The biggest auspicious day for buying gold is the Dhanteras festival, followed by Akshaya Tritiya that fell in May.


An inauspicious phase -- Shradh -- a period for paying homage to ancestors, is from Sept. 15 to Sept. 29.


The Hindu calendar has regional variations, but the above dates are broadly followed across the country in the gold trade for planning inventories.

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Disclaimer

Ours is an advisory role. The final decision and consequences based on our Information is solely yours. Moreover, in keeping with regulatory guidelines, we do not guarantee any returns on investments. Prospective investors and others are cautioned that any forward-looking statements are not predictions and may be subject to change without notice.