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Reasons to Buy Gold on Dhanteras

Gold has a charm that most people cannot resist. It is an asset that gives most people good returns and allows them to have a secure financial future. As gold has been there for decades, many stories and legends are associated with it. One of those legends is that buying gold on Dhanteras, which is observed on the 13th day of Ashwin month, is auspicious. If you also want to consider that, read on to know the reasons to buy Gold on Dhanteras.

The Story

One of the strong reasons to Buy 1 Gram Gold Coin or Buy 1 Gram Gold Bars Online on Dhanteras is the story associated with it. Hindus believe a legend that says during a visit with Lord Vishnu to Earth, Goddess Lakshmi didn’t pay heed to his orders and fell in love with earthly temptations like juicy sugarcane and mustard flowers. When Lord Vishnu knew about it, he punished her to work for 12 years at the field of the farmer whose sugarcane and flowers she loved. She did that will all her heart.

When her punishment period came to an end, she wanted to quit her job at the farms. During these 12 years, the farmer’s wealth has grown a lot, so he refused to let her go. She had to reveal her identity to the farmer to make him understand. The farmer pleaded with her for prosperity, and she promised that she would return to his house once a year, on Dhanteras to ensure that his wealth increases. She asked him to keep his house clean and light earthen lamps so that she can spot his house among the rest easily. Following this ritual helped the farmer to prosper more over the years and seeing his example, other people also followed the ritual. Even today, buying gold coins or bars or jewelry, cleaning the house and lighting up earthen lamps is considered a must to welcome Goddess Lakshmi, wealth, and prosperity to a home.

It is the Right Time

This year, Dhanteras is on 13th November. It is the right time to invest in gold because the year has been bad for the global economy, and the coronavirus crisis has reminded people of the value of investing smartly. Gold is a smart investment in these testing times, and that’s why the prices of gold are increasing and will continue to increase in the future as well.

Gold is also insurance because you can encash gold assets in a few minutes and get instant cash. It isn’t easy with most of the other investment options available to you these days.

Now, if you are convinced by these strong reasons to buy gold on Dhanteras, then you can go for simple options like the following:

10 gram Gold bar Pamp S– If you are investing in gold for the first time and want to start with a small investment, you can go for this option. You need a few dollars to buy a 10-gram bar that looks superb and can be useful to get some quick cash

100 Grams Gold Bar Pamp Suisse/ Cast-When you want to invest in gold and want a good profit, you should choose this option. It will be a wise move when you buy, store, and forget about them for a few years. Your investment will grow considerably.

1 Oz Gold Bar Pamp Suisse-If you want to invest in gold that’s rare and charming, you can opt for this option.

Do you need more variety of gold, silver, platinum, and palladium this Dhanteras? Find the best gold for Dhanteras only at The New York Gold Company.  Get in touch now!

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  • Gold a: $1,778.12 c: -10.06 c%: -0.57%
    Silver a: $22.74 c: -0.05 c%: -0.24%
    Platinum a: $980.20 c: -0.7 c%: -0.07%
    Palladium a: $2,418.46 c: -42.42 c%: -1.76%
  • Gold a: $1,778.12 c: -10.06 c%: -0.57%
    Silver a: $22.74 c: -0.05 c%: -0.24%
    Platinum a: $980.20 c: -0.7 c%: -0.07%
    Palladium a: $2,418.46 c: -42.42 c%: -1.76%
  • Gold a: $1,778.12 c: -10.06 c%: -0.57%
    Silver a: $22.74 c: -0.05 c%: -0.24%
    Platinum a: $980.20 c: -0.7 c%: -0.07%
    Palladium a: $2,418.46 c: -42.42 c%: -1.76%