Dhanteras, celebrated this year on October 29, marks the beginning of the Diwali festivities. This auspicious occasion is not only a time for prayers and rituals but also a significant period for purchasing gold and silver, which are believed to bring prosperity and wealth. As people prepare to honor Lord Dhanvantari and Goddess Lakshmi, knowing the right time, or muhurat, for buying these precious metals is essential. The tradition of buying gold and silver on Dhanteras stems from the belief that these metals are favored by Goddess Lakshmi. Purchasing them on this day is thought to enhance happiness and prosperity in households.
Diwali 2024
As we approach this festive season, understanding the ideal timings for these purchases can help individuals make the most of the auspicious occasion. This year, the most favorable time to buy gold will begin at 10:31 a.m. on October 29 and extend until 1:15 p.m. on October 30. The peak muhurat for purchases will occur from 12:01 a.m. to 2:45 a.m. on October 29. With gold prices reaching near ₹80,000 per 10 grams, many are eager to seize the opportunity to invest in these metals.