Dhanteras in 2024 will be celebrated on Tuesday, October 29. The Trayodashi Tithi begins at 10:31 AM and continues until 1:15 PM the next day. The most auspicious time for Dhanteras puja and rituals is from 6:31 PM to 8:13 PM.
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What is Dhanteras?
Dhanteras is the first day of the five-day Diwali festival, celebrated in India and by Hindus worldwide. It falls on the thirteenth lunar day of Krishna Paksha in the Hindu month of Kartik. In 2024, Dhanteras will be observed on Tuesday, October 29.
The festival combines “Dhan” (wealth) and “Teras” (thirteenth day), signifying the day of wealth. It’s considered highly auspicious for new purchases, especially gold, silver and other metals, as well as for starting new ventures.
Dhanteras is also known as Dhanatrayodashi or Dhanvantari Trayodashi, honouring Lord Dhanvantari, the god of Ayurveda who emerged from the ocean during the churning of the cosmic sea.
When Is Dhanteras In 2024?
Dhanteras in 2024 will be celebrated on Tuesday, October 29. This auspicious day marks the beginning of the five-day Diwali festival, falling on the thirteenth lunar day of Krishna Paksha in the Hindu month of Kartik.
The Trayodashi Tithi begins at 10:31 AM on October 29 and continues until 1:15 PM the following day. This extended period allows for flexibility in observing the rituals and making auspicious purchases associated with Dhanteras.
The most favourable time for Dhanteras puja and rituals, known as Pradosh Kaal, is from 6:31 PM to 8:13 PM on October 29. This evening time frame is considered especially auspicious for worship and for buying gold and other items believed to bring prosperity.
Dhanteras Timings for Buying Gold 2024
The most auspicious time for buying gold on Dhanteras 2024 is during the Pradosh Kaal, which occurs from 6:31 PM to 8:13 PM on October 29. This period is considered especially favourable for purchases and performing Lakshmi puja.
While this timing is particularly auspicious, purchases made throughout the day of Dhanteras are still considered favourable. Many people prefer to make their acquisitions during the evening hours to align with traditional beliefs.
Remember that while timing is considered important, the act of buying gold on Dhanteras itself is seen as auspicious throughout the day.
Significance Of Buying Gold On Dhanteras
The main significance of buying gold on Dhanteras is rooted in tradition. It’s considered auspicious to purchase gold or other metal items as a symbol of good luck and prosperity. This practice is believed to invite wealth into one’s life for the coming year.
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- Symbol of Wealth: Purchasing gold on Dhanteras is deeply rooted in the belief that it symbolizes wealth and prosperity. This practice is culturally significant and is considered to bring good fortune into one’s life.
- Auspicious Practice: It’s a long-held tradition to buy gold on this day, believed to be auspicious for acquiring new assets. This act is thought to ensure continued prosperity throughout the coming year.
- Cultural Connection: Gold is closely associated with Goddess Lakshmi, who is worshipped as the deity of wealth on Dhanteras. Buying gold is thus seen as a means of honouring her and inviting her blessings.
- Investment Value: Beyond its cultural significance, gold is regarded as a prudent investment. Its enduring value makes it a popular choice for financial security, aligning well with the day’s focus on prosperity.
Why Is Dhanteras Auspicious?
Dhanteras is considered auspicious due to its mythological significance and cultural importance. According to legend, on this day, Goddess Lakshmi emerged from the ocean during the churning of the cosmic sea, bringing wealth and prosperity to the world.
Another story tells of King Hima’s son, who was destined to die on the fourth day of his marriage. His wife placed gold ornaments at the entrance and kept him awake all night, tricking Yama, the god of death. This tale associates gold with protection and longevity.
The day also marks the birth of Lord Dhanvantari, the god of Ayurveda, further adding to its auspicious nature. These mythological connections make Dhanteras a day for new beginnings, wealth creation and seeking divine blessings.
Difference Between Dhanteras and Muhurat
The main difference between Dhanteras and Muhurat Trading is their significance and observance. Dhanteras is a Hindu festival dedicated to wealth and prosperity, marked by buying metals like gold. Muhurat Trading, on the other hand, is a stock market trading session held on Diwali, considered auspicious for financial transactions.
| Aspect | Dhanteras | Muhurat Trading |
| Significance | Hindu festival focusing on wealth and prosperity. | The stock market trading session is considered auspicious for financial transactions. |
| Observance | Buying metals like gold and silver to invite prosperity. | Trading stocks during a specific hour on Diwali to seek financial blessings. |
| Purpose | To honour Goddess Lakshmi and Lord Kuber for wealth and health. | To make token investments in the stock market is a good omen for the year ahead. |
| Cultural Tie | Deeply rooted in Hindu traditions and rituals. | Connected to Indian financial culture and stock market traditions. |
How to Invest In Gold?
Investing in gold on Dhanteras can be done through various methods. Physical gold remains popular, but financial instruments offer alternatives. Consider factors like purity, storage and liquidity when choosing your investment option.
Digital gold and gold ETFs provide convenient ways to invest without physical storage concerns. Platforms like Alice Blue offer gold ETFs, allowing investors to participate in the gold market through their brokerage accounts.
For those preferring government-backed options, Sovereign Gold Bonds offer returns linked to gold prices plus additional interest. Always diversify your investments and consult financial advisors for personalized strategies.
Dhanteras 2024 – Quick Summary
- Dhanteras will be celebrated on Tuesday, October 29, 2024. The auspicious Trayodashi Tithi starts at 10:31 AM and lasts until 1:15 PM the next day. The ideal time for Dhanteras puja is between 6:31 PM and 8:13 PM.
- Dhanteras marks the start of the five-day Diwali festival, celebrated globally by Hindus. It occurs on the thirteenth lunar day of Krishna Paksha in the Kartik month. In 2024, Dhanteras will be celebrated on October 29, Tuesday.
- The main significance of buying gold on Dhanteras lies in its traditional role as a symbol of prosperity and good luck. This practice, deeply embedded in cultural beliefs, is thought to attract wealth and fortune for the upcoming year.
- Dhanteras is revered for mythological reasons: Goddess Lakshmi’s emergence during the cosmic sea churning, a tale of tricking the god of death with gold for longevity and celebrating Lord Dhanvantari’s birth, making it a day for prosperity and health.
- The main difference lies in their cultural context and practices. Dhanteras, a Hindu festival, focuses on prosperity and health, often celebrated by purchasing metals like gold. Muhurat Trading, however, is a specific stock market session on Diwali, aimed at auspicious financial dealings.
Dhanteras 2024 Date – FAQs
Dhanteras is celebrated to honour Goddess Lakshmi and Lord Kubera, deities of wealth and prosperity. It marks the beginning of Diwali festivities and is considered an auspicious day for new purchases, especially gold and silver, to invite divine blessings and financial well-being.
On Dhanteras, the primary deities worshipped are Goddess Lakshmi (goddess of wealth and prosperity) and Lord Kubera (god of wealth). Some also worship Lord Dhanvantari, the god of Ayurveda and health, as it’s believed to be his birth anniversary.
Buying gold on Dhanteras is considered auspicious as it’s believed to bring good fortune and prosperity. It symbolizes inviting Goddess Lakshmi into one’s home. Culturally, it’s seen as a way to preserve and grow wealth, combining spiritual beliefs with financial prudence.
The most auspicious time for buying on Dhanteras 2024 is during the Pradosh Kaal, from 6:31 PM to 8:13 PM on October 29. However, purchases made throughout the day are still considered favourable and in keeping with the spirit of the festival
Yes, buying gold during Dhanteras is considered highly auspicious in Hindu tradition. It’s believed to bring prosperity and divine blessings. However, from an investment perspective, consider factors like current gold prices, purity and your financial goals before making a purchase.
No, Diwali and Dhanteras are not the same, though they are closely related. Dhanteras is the first day of the five-day Diwali festival. It occurs two days before the main Diwali celebration, which is on the third day of this festival period.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
