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Why is it important to buy Gold on Onam 2024

Importance to buy Gold on Onam 2024

Onam is a ten day festival celebrated every year in Kerala. Keralites buy gold during Onam as a sign of wealth, good fortune and prosperity. Read more on buying gold in Onam. Main reasons to purchase gold during Onam is stated to be auspicious:

1. Cultural and Tradition

Gold is purchased on Onam season is seen as wealth, prosperity and good fortune. Its believed to bring luck and positive energy to home when buy gold on this auspicious day. Its also given as gifts to family members and loved ones its symbolizes the blessing to others and sharing prosperity.

2. Onam an “Auspicious” Timing

Onam season considered to be auspicious time for new purchases including gold. People believe that buying something to home will bring blessings and good fortune. As per the tradition buying gold during Onam is stated to off the negative energy and gain in financial stability.

3. Benefits in Finance:

Gold is safe and time tested investment. At this uncertain economic times investing in gold is stated to against inflation, economic instability, currency fluctuations. Gold will gain value over this time. Its appealing in times of marketing and offering up financial security.

4. Onam Offers and Discounts

Jewellers will give you offers and discounts, low making charges and many other attractive offers and gifts during this Onam season which will help people as their favorable time to buy gold. During Onam many jewelry stores will introduce new collections that blends its tradition and appealing looks.

5. Value on Sentiments

During Onam many people purchase save their jewelry which can be passed through generations adding cultural value and emotions. Buying gold at this Onam season is stated to be new beginnings, new phase of life, business ventures and many other personal milestones significantly.

Conclusion

Gold buying during Onam 2024 is moreover a financial investment, cultural significant, desire to bring good luck and prosperity in one’s life. Buying gold in this season is both prudent and auspicious.

Here are some frequently asked questions (FAQs) about buying gold during Onam:

FAQs of Buying Gold on Onam

1.Why is it considered as auspicious on buying gold during Onam?

Buying gold at the time of Onam symbolizes the good luck, prosperity, new beginnings. Its believed cut off negative energy and ensure financial stability. This tradition is followed on Kerala’s cultural practices which will bring gold be high valued during this festive season.

2.Is there any special offers or discounts to buy gold during Onam?

Yes many jewellers give offers, special discounts on making charges, new collections and other Onam deals. This will make us to be favorable time on buying gold whether for investments or gifts.

3.What type of gold should I buy gold coins, jewel or bars during Onam?

It depends on the purpose of your purchase. You can opt to gold jewel if you are looking to wear or gift someone. Gold coins and bars are best option looking for investment in gold as they come in lower making charges and can easily sold or exchanged.

4. How to check on gold of good quality and genuine

Want to ensure safety and authenticity then buy gold from reputed and trusted jewellers. Look on for BIS hallmark inorder to check the purity of your gold. 

5. Can I Invest in Gold in this Onam season?

Yes, you can Invest in Gold in this Onam season which is stated to be good time on buying gold not only for cultural or sentiment values but also for investment purposes. Gold is said to be against inflation and market volatility during uncertain economic times.

6. Can I buy gold online during Onam?

Yes, you can make purchase gold in online from your trusted and reputable jewellers providing convenience in buying gold from home. Ensure to buy from known jewellers who provide guarantee and certifications for purity and gold’s quality. We personally recommend people to buy gold from offline so that you can buy your gold hassle free.

7. Is there any specific time to buy gold during Onam?

Most auspicious times might vary but during Onam buying gold must be specifically during Shubh Muhurat or other favorable times suggested by your astrologers is considered to be ideal.

8. Do Gold prices fluctuate during Onam season?

Gold prices normally fluctuate during festivals due to increase in demand, global market trends, currency exchange rates. High demand on festivals like Onam is a short term gold rate increases.