Can we buy gold in ashada masam

Talk To Astrologer. Know the Shubh muhurat to buy gold today!

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Can we buy gold in ashada masam

Hyderabad: Gold prices , which caused financial strain for buyers in the past month, have begun to decrease in recent days. According to bullion market traders, the prices are expected to further decline in the upcoming days. The price which was sailing at around Rs 63, per ten grams 24 carat during the last week of May has now gone down to Rs 60, per ten grams 24 carat on Wednesday giving respite to the people interested in the yellow metal. The traders said that while the existing investors were selling off their invested gold, there is no demand in the market now. The end of the wedding season and impact of Ashada Masam has also led to the decreasing trend in the gold prices. The National Gold, Silver Refiners and Jewellers Association vice president Prakash Patil said that the upward trend in the prices of gold started ever since the Covid pandemic when all the businesses were down, and people saw gold as the best investment. People buy gold because this can be encashed during emergencies. Now with the corona effect subsiding in the world, the investors are looking at different options and disposing off the gold they had invested in the past. Besides this, the traders in the bullion market and jewellers have stopped taking the Rs 2, note. Initially when the RBI notification about the depositing of Rs 2, notes came in many thronged to gold shops to purchase at a higher price so as to dispose of their notes but this phenomenon has also ended now, the traders said. K Adarsh, a techie from the city said that he had purchased gold during the last week of May at a price of Rs 62, because of an urgent need because of a function. He said that if there was no function, he would have waited for the price to go down.

Ashadha marks the beginning of the rainy season and is considered an inauspicious time.

Gold is among the most precious and rare metals on the planet. It is popular for its beauty as well as durability. It is also among the most reliable investment options. Indians prefer purchasing ornaments made of gold for everyday use and even for special occasions. Indians consider buying gold fortuitous and therefore they consider some days and festivals auspicious to buy it.

In Hindu religion each and every god is worshiped in a unique way and there is the custom of finding God in each and every festival. All the twelve months has its own significance in the Hindu Calendar. Adhika Masam comes in every 3 years and it holds as a very special month. There are no festivals in this month, but the donations and rituals done in this month are very sacred. The month of the moon in which Surya Sankranti is not there is known as Adhika Masa. As it is falling in Sravana masam , its called Sravana Adhika Masam. The calculation of time on earth should be in respect with the season of 2 months Ruthu. Revolution of seasons occurs accordingly to the rotation of Earth. Hence the solar measurement of time is dependent on the counting of seasons.

Can we buy gold in ashada masam

In traditional Hindu Lunar Calendar , Ashada Masam is the 4 th month of the year, usually begins in the month of June and ends in the month of July according to the Gregorian calendar. After Chaitra, Vaisakha and Jyeshta, the next month is Ashada and it marks the arrival of monsoon. This month is called Shunya Masam Null Month. In the Tamil calendar it coincides with Adi Masam, an important festival and auspicious for Amman. Ashada month is the most auspicious for pilgrimage. Worshiping in this month gives special benefits and it is called wish fulfillment month. All auspicious work is prohibited for the coming four months till Ekadashi Devuthani Ekadashi of Shukla Paksha of Kartik month because these four months from Ashada to Kartik month are only for worship.

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Prahalad says:. How does Gold Affects the Currency Value? For reprint rights: Times Syndication Service. Rameshwaram Cafe Explosion. As per Hindu scriptures, purchasing anything or property or home or starting anything new on the auspicious days proves very fruitful. Noida Student Murder Case. Initially when the RBI notification about the depositing of Rs 2, notes came in many thronged to gold shops to purchase at a higher price so as to dispose of their notes but this phenomenon has also ended now, the traders said. Jewellers report record sales on Dhanteras and usually, gold rates are the highest on this day. As the festivities of Diwali come to an end, buying gold on Balipratipada has much significance. Gold Schemes in India. Buying Gold on Shubh muhurat increases the auspiciousness and brings abundance and prosperity at home. Prakash Patil further said that the gold prices would be depending on how strong the US dollar is. Practical Insights For Wealth Creation.

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Reviewed by Rinju Abraham A member of the leadership team with over 17 years spent working at the intersection of Investment Analysis, Personal Finance, and Technology. Ranganath says:. Shahjahan Sheikh arrest. Significance of Purchasing Gold on Auspicious Dates Buying Gold on Shubh muhurat increases the auspiciousness and brings abundance and prosperity at home. Meat Shop near Kashi Temple. Buying gold on these days or at a specific time on these days brings abundance and prosperity. Karwa Chauth. Gold has always been considered the most precious metal and valuable asset for a person. Viksit Bharat. Pururava says:. This Shubh muhurat for Gold purchase is also auspicious for beginning new ventures, investing in new funds or purchasing new or precious things. Why Ashad month considered inauspicious? Dates of Ashada Masam in Telugu calendar. As the ruler of Pushya Nakshatra is planet Jupiter, the presence of Pushya Nakshatra on Thursday is considered double auspicious to buy Gold jewelry or Gold items. In this article.