As Akshaya Tritiya is approaching, Indian markets have started to become lively. Indeed, this is the day in which we see long queues at Jewellery shops and families engaging in festive shopping. However, we must realise the fact that Akshaya Tritiya is not just about acquiring gold or making investments. Traditionally, it has been considered as a highly auspicious day that represents hope, new beginnings and prosperity. In this article, we will explore the reason behind the tradition of buying gold on Akshaya Tritiya and understand the deep spiritual significance of the festival.
Spiritual Significance of Akshaya Tritiya
Also called Akha Teej, Akshaya Tritiya is celebrated on the Shulka Paksha of Vaishakh month’s third lunar day. It has been believed that no sacred muhurat is required to start anything new on this day. Whether it is marriage, housewarming rituals or business deals, whatever that begins on this day is believed to bring us prosperity and great fortune in the long term.
Indeed, the term ‘Akshaya” can be translated as ‘never diminishing.’ Therefore, if you engage in any righteous activity or donation on this day, the goodness will continue to grow, gifting you lasting benefits throughout the years. The tradition of buying gold, which is considered as a symbol of long-lasting wealth, is rooted in this belief.
Why Gold is Bought on Akshaya Tritiya?
Indian traditions consider gold not only as a metal. It symbolises prosperity and security. Spiritual leaders point out that buying gold on this day will result in the blessings of Lakshmi Devi who is the Goddess of wealth. Hence, the act of purchasing gold is considered as a ritual of welcoming wealth and abundance into our homes.
Akshaya Tritiya and Kubera
Ancient Hindu texts point out that Lord Kubera became the treasurer of the Gods, as a result of Maha Dev’s blessings, on this day. This belief is also an important reason behind the tradition of making financial investments on Akshaya Tritiya as devotees believe that investments made on this day will lead to prosperity and growth.
Akshaya Tritiya and Mahabharata

According to Mahabharata, Akshaya Tritiya is the day in which Pandavas attained the Akshaya Patra, the magical vessel that provided unlimited amounts of food. This incident is another key reason behind the faith of devotees.
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