Akshaya Tritiya 2020 - Buying Gold amid of Covid-19. Check Here

Updated: Apr 24, 2020 14:27 IST

Akshaya Tritiya 2020 - Buying Gold amid of Covid-19. Check Here

Naveena

The great importance of Akshaya Tritiya has been told in Hinduism. Akshaya Tritiya, which has special significance religiously, is celebrated on Tritiya Tithi of Shukla Paksha of Vaishakh month. This year, Akshaya Tritiya is falling on 26 April, Sunday. This year's Akshaya Tritiya is going to be special in many Mayans. 6 Raja Yoga is being organized this year on Akshaya Tritiya. According to the Hindu calendar, this year, on the Akshaya Tritiya, there is an Abuja Muhurat with Rohini Nakshatra which is considered to be extremely auspicious. Let's know in which auspicious time to worship Goddess Lakshmi on this day.

Akshaya Tritiya -  a day for Growing Prosperity

Akshaya Tritiya is an annual Hindus and Jains springtime event, also known as Akti or Akha Teej. This comes on Bright Half's third Tithi (lunar day) (Shukla Paksha) of the month Vaisakha. It is observed by Hindus and Jains in India and Nepal as an auspicious period regionally as signifying the "third day of constant prosperity". The festival date varies and is set according to the lunisolar Hindu calendar, and falls in April or May of every year in the Gregorian calendar.

Akshaya Tritiya's immense significance has been told in Hinduism. Akshaya Tritiya, which has special religious meaning, is celebrated on Shukla Paksha's Tritiya Tithi of the Vaishakh month. Akshaya Tritiya is plummeting this year on April 26, Sunday. For several Mayans, this year's Akshaya Tritiya would be different. 6 This year, Raja Yoga is held at Akshaya Tritiya. According to the Hindu calendar, this year, on the Akshaya Tritiya, there is an Abuja Muhurat with Rohini Nakshatra which is considered to be extremely auspicious. Let's know in which auspicious time to worship Goddess Lakshmi on this day.

Akshaya Tritiya is believed in Hinduism to be the birthday of Parasurama who is the sixth incarnation of Vishnu, and he is revered in Vaishnava temples. Those who observe it in the honor of Parasurama sometimes refer to the festival as Parasurama Jayanti. Alternatively, some focus their reverence to V?sudeva avatar of Vishnu.[6] According to one legend, Ved Vyasa began reciting the Hindu epic Mahabharata to Ganesha on Akshaya Tritiya. Another legend states that river Ganges descended to earth on this day.

Another significant event that is believed to have occurred on this day is that Sudama visited his childhood friend, Lord Krishna in Dwarka and received unlimited wealth. Also, it is believed that Kubera received his wealth and position as the 'Lord of Wealth' on this auspicious day. And it was on this day that Pandavas received the gift of 'Akshaya Patra' from Sun-God. 

On this day people who observe the year-long alternative day fasting known as Varshi-tap finish their Tapasya by doing Parana by drinking sugarcane juice


Akshaya Tritiya Muhurta-
Tritiya Date Start: 11:50 pm (25 April 2020)

Tritiya date ends: 13:21 pm (26 April 2020)

Worship this way to please Goddess Lakshmi
On the day of Akshaya Tritiya, after washing all the gold ornaments of the house with raw milk and Ganges water, put them on a red cloth and worship them with saffron, kumkum. While worshiping, offer red flowers on them as well. After doing this, chant the mantra of Mahalakshmi 'Oum Hrim Srim Kamle Kamalalaye Praaseed Praasid Mahalakshmayi Namah: "Chant a garland of chants with a garland of lotus leaf. After this do aarti to please Maa Lakshmi. Put these ornaments in the vault in the evening Keep it.

If you're looking to purchase this Akshaya Tritiya gold following the shutdown of coronavirus and given the impending contraction, you'll have to purchase it digitally as physical gold shops would be locked. Gold can be bought digitally in various ways. This involves gold trading funds (ETFs), sovereign gold bonds (SGBs), and even the actual shape of gold. Hence, you should choose between these options wisely as each has different features. You must also know that the price of the gold price has shot up over the last few months. On MCX this Wednesday, 24-carat gold was

Why is the price of gold rising? 

Gold prices generally rise in periods of economic uncertainty, high inflation, geopolitical volatility, stock market volatility, etc.

Therefore, before buying gold this festive season, you must understand whether it is the time to buy gold and how much you should buy while building your overall investment portfolio.

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