Akshaya Tritiya 2021: Gold and silver marginally on MCX on Akshaya Tritiya day, the day considered by many as an auspicious to make purchases of precious metals.
Akshaya Tritiya 2021: How to buy gold online in five simple steps on Upstox
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Akshaya Tritiya, considered to be an auspicious day by many communities in India, is on May 14 this year. The word Akshaya means endless or forever, while ‘Tritiya’ represents the third day of the lunar cycle. Many people look forward to buying gold on this auspicious day, believing it will bring good luck.
Traditionally, people purchase gold in the form of jewellery, bars or coins. However, with lockdown imposed in many states in India, buying digital gold is the most convenient way of investing in gold. Digital gold is a safe solution for investors, as it can be bought and stored safely online, kept secure in vaults while enjoying the multitude of benefits associated with physical gold.
Highlights
For buying Gold ETF, you don’t need a Demat account.
Digital gold is one of the most popular physical gold alternatives.
With many states under lockdown to stop the spread of the novel coronavirus, the Covid-19 pandemic has surely turned Akshaya Tritiya 2021’s celebrations sour. Gold buyers are unable to buy physical gold on the day, as jewellery showrooms are shut across the nation.
Since buying gold is considered auspicious on Akshaya Tritiya, investors are now on the lookout for physical gold alternatives to celebrate the festival. If you are planning to go ahead with gold alternatives, then we have these three alternative suggestions for you:
Happy Akshaya Tritiya 2021: WhatsApp wishes, Facebook messages, quotes, status to share on this auspicious day
Akshaya Tritiya day is ruled by Lord Vishnu. On this day, the Lakshminarayana form of Lord Vishnu is worshipped along with his consort Goddess Lakshmi
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Updated: May 14, 2021, 07:32 AM IST
Akshaya Tritiya, also known as Akha Teej, is being celebrated on May 14 (Friday) and the day is considered extremely favourable and holy by Hindus for embarking on a new path or beginning something new. The Shukla Paksha Tritiya Tithi of Vaishakha month is observed as Akshay Tritiya. The word Akshaya means one that never diminishes and therefore the day is believed to bring good luck and prosperity. It is believed that any Japa, Yajna, Pitra-Tarpan, Dan-Punya performed on this day never diminish and stays with the person forever. According to Hindu mythology, Treta Yuga began on Akshaya Tritiya.