Wednesday, January 6, 2010

Gold Performance from 2000- 2009 and List of Auspicious days to Invest in Gold in 2010.


Performance of Gold 2000-2009.

Since 2000 we can see that the value of Gold has increased consistently. From the below table we can see that the value of gold has increased by almost 400% in last 9 years.



Demand for Gold has increased year by year and is still increasing. People in India buy Gold for purposes like investment, jewellery, hedging, etc. Following are the days that are considered to be auspicious for buying gold in India in 2010.
 
 

 
1. Pushya Nakshatra:

Pushya, or Pushyami or Pusya, is one among the 27 nakshatras and the day Pushya Nakshatra falls is considered highly auspicious for beginning new ventures, investments and purchases.

2. Gurupushyamrut:
Gurupushyamrut, or Guru Pushyamrit yoga, is the day when Pushya Nakshatra falls on a Thursday. Gurupushyamrut yog day is considered highly auspicious to pray to Goddess Lakshmi and seek her blessings.

3. Gudhi Padwa:
Gudhi Padwa is celebrated on the first day of the Chaitra month, and is celebrated as New Year's Day by Maharashtrians and Hindu Konkanis.

4. Akshaya Tritiya:
Akshaya Tritiya, also known as Akha Teej is a Hindu holy day, that falls on the third Tithi (Lunar day) of Bright Half (Shukla Paksha) of Hindu month of Vaishakha. This day is ruled by god Vishnu, the preserver-god in the Hindu Trinity. It is also traditionally celebrated as the birth day of the Hindu sage Parashurama, the sixth avatar (incarnation) of the god Vishnu. According to Hindu mythology, on this day the Treta Yuga began and the river Ganges, the most holy and sacred river of India, descended to the earth from the heaven. The day is particularly considered auspicious for buying long term assets like gold and silver, including ornaments made of the same; diamond and other precious stones; and the real estate.

5. Dussehra:
The tenth day after Navratri is called Dussehra, on which number of fairs are organized throughout the northern India, burning effigies of Ravana.It is also called “Vijayadashmi” as this day marks the victory of Lord Rama over Ravana. VijayaDashami is considered to be an auspicious day for the Indian householder, on which he worships, protects and preserves 'Shakti' (power).

6. Dhanteras:
Dhanteras is the first day of the five-day Diwali Festival. The festival, also known as "Dhantrayodashi" or "Dhanwantari Triodasi", falls on the auspicious thirteenth lunar day of Krishna Paksha in the Hindu month of Ashwin. The word Dhanteras, Dhan stands for wealth. On Dhanteras, the "Owl" form of the Goddess Laxmi is worshiped to provide prosperity and well being. Dhanteras holds special significance for the business community due to customary purchases of precious metals on this day.

7. Lakshmi-puja:
The third day of the festival of Diwali is the most important day of Lakshmi-puja and is entirely devoted to the propitiation of Goddess Lakshmi. On this very day sun enters his second course and passes Libra which is represented by the balance or scale. Hence, this design of Libra is believed to have suggested the balancing of account books and their closing. Despite the fact that this day falls on an amavasya day it is regarded as the most auspicious.



Source: moneycontrol.com

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