Crisp of Akshaya Trithiya
As per Hinduism / Hindu
astrology and almanac, Akshaya Trithiya, or Akha Teej, is considered as a most
auspicious day which falls on the third (Tritiya) day after Amavasai (no moon
day) in the Hindu calendar month of Vaishakha / Chithirai. In 2012, the Akshaya
Trithiya day starts from 2012, April 23
evening 5:30pm to April 24, 2012. It is considered that it is not necessary
to look for a ‘muhurat period’ on this Akshaya Tritiya day. The Word Akshaya
means "Eternal (Ever Lasting)" i.e., "that which never
diminishes" and Tritiya means "Third" in both Sanskrit and
Hindi. This day is ideal for beginning new ventures or buying precious metals
as it is believed that all investments on this day appreciates.
 |
| Akshaya Trithiya and Gold 2012 |
literally means that the vessel would never become empty irrespective of how much you take from it and hence ensures you an eternal availability of food.
It is believed that any
gift given on this day becomes inexhaustible.
Many people will be
astonished! how Gold got associated with this day, Since the day is strongly
associated with the word “never diminishing”, people started buying Gold (which
is supposed to appreciate in future & will never diminish) as they believed
that buying gold on this day would ensure that they keep getting / increasing
gold through out their life or at least till the next Akshaya Tritiya!
Though the concept of
Akshaya Tritiya was predominantly a Western India affair until few decades ago;
But, more recently it has become most popular investment opportunity for both
jewellers and investors of gold related products in all other parts of India.
From a Jewellers and
Marketers of Gold perspective, it is an opportunity for them to encash the
people’s belief across the country by promoting the day with some discounts/
providing freebies. Every shop selling gold does a great deal of business on
this day by promoting & encashing the people's belief.
From a customer’s and
investor's perspective this is a golden opportunity day to buy gold as every
shop/seller seems to be promoting by giving out some great discounts and offers
for buying gold. And going by the crowds flowing through the streets like
Lakshmi Road in Pune, North Usman Road in Chennai, Oppanakara Veedi in
Coimbatore, it is clear that it is really a golden treat for both buyers and
sellers alike.
The All-India Gems and
Jewellery Trade Federation (GJF) Chairman, Mr Bachhraj Bamalwa, said that
"We expect the business to be 25 per cent higher on this Akshaya Tritiya
than previous year despite the increase in Current Yellow Metal Prices”.
There are plenty of
Investment Opportunities available on this day by means of
#
Purchasing
Gold Jewels, Gold Coins, Gold Bars, Gold Deposit Schemes, Monthly Installment
purchases of Gold on current rates with one month discounted price from
Jewellers or Bank;
#
Gold Exchange
Traded Funds (ETFs) and Gold Mutual Funds from Share Markets
#
Gold Commodity
Future Trading;
Almost all Jewellers and
Banks have been offering rewards and offers for customers to buy gold from them
on Akshaya Trithya day.
****Go for Gold****
This Akshaya Trithya day
will be beneficial to
<> Investors who are searching for an effective hedge against inflation and store of value,
<> Investors looking to effectively diversify their investment portfolio and
<> make use of the golden opportunity of offers of discount & freebies and lot of options to choose from.
<> Investors who are searching for an effective hedge against inflation and store of value,
<> Investors looking to effectively diversify their investment portfolio and
<> make use of the golden opportunity of offers of discount & freebies and lot of options to choose from.
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