Last year about 90 tons of gold were sold on Akshaya Tritiya. This day is considered as very auspicious for starting business and laying foundations stones of a building.
On this day social functions of marriages takes place in Rajasthan at a very large scale as this day is considered very auspicious and a great muhurata for marriage.
Akshaya Tritiya is popularly known as Akhteez. The term ‘Akshaya’ something that knows no end. Hindu religion believes that this sacred day enhances one’s fortune and success. On this day it is not required to consult a Panchang to perform any auspicious task because this day is so considered so auspicious that it is called Swayam-siddha Muhurat (Self-proven Muhurtha) day.
This day is excellent for purchasing assets, gold, silver or land for a long term. This day is considered very good for purchasing diamonds and jewelry too. This is the reason behind huge purchases of gold on this day.
Hindu religion believes that the Treta Yug started from this day. Akshaya Tritiya is also very auspicious as the most sacred river Ganga arrived on earth on this day. This day is also the birthday of Parshurama, the sixth avatar of lord Vishnu. Astrology says that the Sun and Moon is exalted in their highest point on this day.
On this holy day people keep fasts and worship lord Vishnu by offering the deity oatmeal, wheat corn and rice. On this day bathing at twilight hours in Ganga, or in any river or sea is considered auspicious. Offer basil leaves to lord Vishnu after bath. This day is also celebrated as the new crop day. Donation of utensil, desserts, sweets, water-melon, musk-melon, milk and curd rice is very beneficial on this sacred day.