so this year will you buy gold today or on 9th Nov for Dhanteras?
Legend
From wiki the story behind Dhanteras goes as follows:
"An ancient legend ascribes the occasion to on interesting story about the 16-year-old son of King Hima. His horoscope predicted his death by snake-bite on the fourth day of his marriage. On that particular day, his newly-wed wife did not allow him to sleep. She laid out all her ornaments and lots of gold and silver coins in a heap at the entrance of the sleeping chamber and lit lamps all over the place. Then she narrated stories and sang songs to keep her husband from falling asleep. The next day, when Yama, the god of Death, arrived at the prince’s doorstep in the guise of a Serpent, his eyes were dazzled and blinded by the brilliance of the lamps and the jewellery. Yama could not enter the Prince's chamber, so he climbed on top of the heap of gold coins and sat there the entire night listening to the stories and songs. In the morning, he silently went away. Thus, the young prince was saved from the clutches of death by the cleverness of his new bride, and the day came to be celebrated as Dhanteras."
The above story definitely does not ask for gold to be bought on the day of Dhanteras, but looks like ideally we should already have gold with us before Dhanteras, so that we can put it out and worship it on the Dhanteras day just in case Yama decides to visit us :)
Tradition
In the Traditions section in the same wiki article, it is mentioned
"On Dhanteras Hindus consider it auspicious to purchase gold or silver articles or at least one or two new utensils. It is believed that new “Dhan” or some form of precious metal is a sign of good luck."
Ok agreed it is considered auspicious, probably you can do majority purchase earlier and a token purchase on Dhanteras to take advantage of the auspicious factor.
Why?
Besides the legends & tradition there is another factor you need to consider. The world knows that Indian public will be buying gold on this date and will be prepared tactically to make good profit on it. The three month MCX gold chart clearly seems to be indicating that.
so will you buy gold today or on 9th Nov for Dhanteras? #justcurious :)
Legend
From wiki the story behind Dhanteras goes as follows:
"An ancient legend ascribes the occasion to on interesting story about the 16-year-old son of King Hima. His horoscope predicted his death by snake-bite on the fourth day of his marriage. On that particular day, his newly-wed wife did not allow him to sleep. She laid out all her ornaments and lots of gold and silver coins in a heap at the entrance of the sleeping chamber and lit lamps all over the place. Then she narrated stories and sang songs to keep her husband from falling asleep. The next day, when Yama, the god of Death, arrived at the prince’s doorstep in the guise of a Serpent, his eyes were dazzled and blinded by the brilliance of the lamps and the jewellery. Yama could not enter the Prince's chamber, so he climbed on top of the heap of gold coins and sat there the entire night listening to the stories and songs. In the morning, he silently went away. Thus, the young prince was saved from the clutches of death by the cleverness of his new bride, and the day came to be celebrated as Dhanteras."
The above story definitely does not ask for gold to be bought on the day of Dhanteras, but looks like ideally we should already have gold with us before Dhanteras, so that we can put it out and worship it on the Dhanteras day just in case Yama decides to visit us :)
Tradition
In the Traditions section in the same wiki article, it is mentioned
"On Dhanteras Hindus consider it auspicious to purchase gold or silver articles or at least one or two new utensils. It is believed that new “Dhan” or some form of precious metal is a sign of good luck."
Ok agreed it is considered auspicious, probably you can do majority purchase earlier and a token purchase on Dhanteras to take advantage of the auspicious factor.
Why?
Besides the legends & tradition there is another factor you need to consider. The world knows that Indian public will be buying gold on this date and will be prepared tactically to make good profit on it. The three month MCX gold chart clearly seems to be indicating that.
so will you buy gold today or on 9th Nov for Dhanteras? #justcurious :)
No comments:
Post a Comment