Akshaya Tritiya gold rate: The Akshaya Tritiya festival is approaching, and people are preparing to celebrate in grand style. Akshaya Tritiya, also known as Akha Teej, is a sacred Hindu and Jain festival.

Jewelers have devised novel offers: Senco Gold is offering a 50% reduction on manufacturing charges, while Tanishq is offering a 20% discount indicates Akshaya Tritiya gold rate.

Faced with rising gold prices, jewelers are crossing their fingers that Akshaya Tritiya, which falls on Saturday, passes well.

With 24-carat gold trading at more than Rs 61000 per 10 grams, up around 12% this year, economists anticipate muted demand for the yellow metal.

“Though a major gold buying festival, Akshaya Tritiya this year faces lifetime high gold prices and a lukewarm response from consumers over the last few weeks,” stated Somasundaram P.R., regional CEO, India, World Gold Council.

It is observed on Shukla Paksha Tritiya, the third day of the bright half of the Hindu lunar month of Vaishakha. This spring event is regarded as one of the best days for new beginnings. Meanwhile, in Jainism, Akshaya Tritiya honors the first Tirthankara (Rishabhanatha), who completed his one-year abstinence by drinking sugarcane juice poured into his cupped hands.

Also Read: Maha Shivratri 2023: Easy Fasting Recipes That You Can Try At Home

Is Akshaya Tritiya on April 22 or 23?

This year, there is some debate over whether Akshaya Tritiya falls on April 22 or April 23. The festival will take place on Saturday, April 22, according to Drik Panchang. The Akshaya Tritiya tithi begins on April 22 at 7:49 a.m. and finishes on April 23 at 7:47 a.m.

*Akshay Tritiya:- Significance and Relevance on April 22, 2023*

Astrologically (Indian Astrology), Sun and Moon are exalted and powerfully placed on this Day. Infact, they are in same signs for 2 days.

Let’s understand why Akshay Tritiya day is so significant. pic.twitter.com/qDHjVq5q8U

— Priyanka (@Astrotherapist1) April 21, 2023

Akshaya Tritiya Shubh Muhurat:

The Akshaya Tritiya puja shubh muhurat begins at 7:49 a.m. and ends at 12:20 p.m. Furthermore, on April 22, the Chogadiya Muhurat will begin at 7:49 a.m. and terminate at 9:04 a.m. It starts at 7:26 a.m. and ends at 7:47 a.m. on April 23.

Important Timings On Akshaya Tritiya

Also Read: Ram Navami 2023: 5 Simple And Easy Prasad Food Recipe For Kanjaks

Gold price rate on Akshaya Tritiya:

Gold has been trading near Rs 60,000 per 10 gm for the previous week, down from Rs 61,350 odd levels on the MCX. Thus, buyers purchasing the yellow gold on the auspicious occasion of Akshaya Tritiya should expect prices to fall slightly in order to get a good deal, according to reports.

List of gold prices in some of the major Indian cities:   

City-wise gold price (22k) in India (April 21, 2023) 

Akshaya Tritiya 2023: 5 Useful Things to buy on this auspicious day

1. Buy Gold  Jewelry:  Purchasing gold jewellery on Akshaya Tritiya is considered particularly auspicious. This metal is thought to symbolise wealth and prosperity, and purchasing it on this day can bring good fortune and success. On this day, many jewellery retailers offer special discounts and promotions, making it an excellent time to purchase in gold.

2. Buy Silverware: Silver, like gold, is regarded an auspicious metal, and purchasing cutlery such as cutlery, coins, or other silver objects is said to bring good luck and success. On this day, many people opt to give silver trinkets to their loved ones.

3. Real Estate: Buying real estate on Akshaya Tritiya is regarded as particularly auspicious, and many people feel that it will bring them long-term prosperity and money. This day is thought to be great for purchasing land, property, or a home.

4. Invest in Stock on Akshay Tritiya: This day is also considered good for stock market investing. On Akshaya Tritiya, many people prefer to invest in stocks or mutual funds because it is thought that investments made on this day would bring excellent long-term returns.

5. Buy Electronic Gadget: This day is also considered good for stock market investing. On Akshaya Tritiya, many people prefer to invest in stocks or mutual funds because it is thought that investments made on this day would bring excellent long-term returns.

History of Akshaya Tritiya

On this day, Lord Ganesha and Ved Vyasa began composing the epic Mahabharata.

This day also marks the birth anniversary of Lord Parashurama, Lord Vishnu’s sixth avatar.

Goddess Annapurna was born on this day.

Lord Krishna gave wealth and monetary benefits on his poor buddy Sudama who had come to his aid on this day.

According to the Mahabharata, Lord Krishna delivered the ‘akshaya patra’ to the Pandavas while they were in exile on this day.

He gifted them with this bowl, which would continue to generate an infinite amount of food, never leaving them hungry.

Akshaya Tritiya festival dates between 2020 & 2030