Dhanteras 2023: Auspicious Time To Buy Gold And Silver On Dhanatrayodashi

Dhanteras 2023 Gold Purchase Muhurat: Diwali is coming up soon, and Dhanteras is the auspicious day before Diwali when investing in gold is very popular.

Dhanteras, renowned as the most propitious occasion for purchasing gold, is believed to usher in good fortune and luck. This age-old tradition of acquiring gold on Dhanteras endures, albeit with some modern adaptations.

While most people don't mind buying precious Gold and Silver products throughout the day, there are some people who believe in buying these products during the most auspicious time (Shubh Muhurat) on Dhanteras. If you are one of them, then here are the details about the most auspicious time to buy Gold and Silver on Dhanteras. Key Factors To Examine Before You Buy

Dhanteras 2023: Auspicious Time to Buy Gold and Silver on Dhanatrayodashi | Shutterstock

Dhanteras 2023: Best Muhurat to Buy Gold and Silver

Here's the auspicious time to buy Gold and Silver on Dhanatrayodashi:

The festive window for celebrating Dhanteras on November 10 kicks off at 12:35 PM and concludes on November 11 at 01:57 PM, as per an ET report. According to information from the Drikpanchang website, the auspicious time for Dhanteras Puja is from 05:47 PM to 07:43 PM.

Within this timeframe, Pradosh Kaal spans from 05:30 PM to 08:08 PM, and Vrishabha Kaal is observed from 05:47 PM to 07:43 PM. The Trayodashi Tithi commences at 12:35 PM on November 10 and concludes at 01:57 PM on November 11.

Why People Choose to Invest in Gold on Dhanteras?

While purchasing gold in the form of jewelry, bars, and coins is a popular means of gold investment, it can be relatively expensive due to GST and making charges. Concerns over purity and secure storage further add to the expenses. Hence, limiting your investment to physical gold may not always be the most prudent choice. Alternatives like investing in gold ETFs, gold mutual funds, or government-backed Sovereign Gold Bonds (SGB) alleviate concerns about purity, storage, and additional charges. It is crucial to plan your gold investment wisely, taking into account your portfolio's weightage, budget, and return expectations.

Things to keep in mind before buying gold

1. Ensure Hallmarked Jewelry

The foremost consideration is to purchase gold items bearing a complete hallmark. Do not overlook this essential mark, which includes the BIS logo, the hallmark center's name/logo, the manufacturer's logo, and the gold's purity.

2. Opt for Trusted Sellers Only

Prior to acquiring any jewelry, it's imperative to verify the authenticity of both the seller and the gold item. You can assess gold purity with a machine readily available at the jewelry store. During Dhanteras, there is a prevalence of black market vendors peddling impure gold mixed with less precious metals. To safeguard your investment, always buy gold from reputable sellers.

3. Evaluate Making Charges

Making charges contribute to the final cost of the jewelry before GST, and these charges are typically non-negotiable at jewelry stores nationwide. Examine the making charges at your chosen jewelry store and ascertain that they are based on the design and prevailing market rates. Premium jewelry outlets often levy higher making charges, resulting in an increased overall cost of the gold item.

4. Buy-Back Policy

It's essential to understand the buy-back policy of the specific jewelry store where you intend to make a purchase. Some stores deduct a predetermined amount when buying old pieces of jewelry to offset costs, factoring in prevailing gold prices. Prior to finalizing your purchase, always inquire about the buy-back policy.

5. Negotiate on Making Charges

When acquiring gold jewelry, understanding and negotiating the making charges is of paramount importance. These charges can account for up to 30 percent of your jewelry costs. It is crucial to request a reduction in these charges to optimize your investment.

6. Monitor Gold Prices Online

Predicting fluctuations in gold prices is challenging. If you plan to wait before making a purchase, there's no certainty that prices will decrease. Nonetheless, it's advisable to consult with multiple jewelers to explore the possibility of price reductions.

7. Inspect the Gold Weight

For studded items, verifying the gold weight is equally important. When you visit the jeweler, ensure that you inquire comprehensively about the weight.

Dhanteras Gold Shopping 2023: Key Factors To Examine Before You Buy

Best Happy Dhanteras wishes to send loved ones

1. May this Dhanteras bring you new dreams, fresh hopes, and a fresh outlook, filling your days with pleasant surprises and moments. Wishing you and your family a joyful Dhanteras!

2. On this special Dhanteras festival, may your life shine like silver, glitter like gold, and dazzle like platinum!

3. Just like the glow of gold and silver, I hope your days continue to shine brightly. Here's wishing you a radiant Dhanteras in 2023!

4. May Goddess Lakshmi bless your business and your family with wealth and good health. Happy Dhanteras!

5. May Goddess Lakshmi bestow abundant fortune upon you and your family. Dhanteras wishes to you!

Happy Dhanteras 2023 Wishes In Hindi

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3. " ?????? ?? ????? ???? ?? ???? ????????? ?? ????????? ????????? ?? ?? ?????? ???, Happy Dhanteras 2023!"

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Dhanteras 2023: FAQs

Q. What is the significance of buying gold and silver on Dhanteras?

A. Buying gold and silver on Dhanteras is believed to bring wealth and prosperity into one's life. It is a symbol of inviting Goddess Lakshmi, the deity of wealth, into one's home.

Q. Why is Dhanteras considered important for businesses?

A. Dhanteras is considered auspicious for businesses as it is believed that any new venture initiated on this day is likely to prosper and yield positive results.

Q. How can I perform Dhanteras rituals at home?

A. To perform Dhanteras rituals at home, clean and decorate your house, light lamps, offer prayers to deities, and buy gold or silver items. Chanting mantras and sharing gifts with loved ones is also common.

Q. Is Dhanteras celebrated only by Hindus?

A. Dhanteras is primarily a Hindu festival, but its essence of wealth and prosperity attracts people from various communities and backgrounds, making it a celebration for all.

Q. What is the story behind the emergence of Goddess Lakshmi on Dhanteras?

A. Dhanteras marks the day when Goddess Lakshmi emerged from the cosmic ocean during the churning of the milk ocean. This event symbolizes the birth of wealth and prosperity.

Note: Dates/timings may be subject to change; details mentioned here are as per the information available.

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