Notes: All timings are represented in 12-hour notation in local time of New Delhi, India with DST adjustment (if applicable).
Hours which are past midnight are suffixed with next day date. In Panchang day starts and ends with sunrise.
Gold is the most precious metal since Vedic time. It is the symbol of power, wealth and the prosperity. In Hinduism, the wealth, including gold and jewels, can be accumulated with the blessings of Goddess Lakshmi. Goddess Lakshmi is the consort of Lord Vishnu. Goddess Lakshmi herself dwells in the heart of Lord Vishnu.
The day of Akshaya Tritiya is blessed by Lord Vishnu. On the day of Akshaya Tritiya, Lakshminarayana form of Lord Vishnu is worshipped with full devotion. In Lakshminarayana form Lord Vishnu is worshipped along with Goddess Lakshmi. Hence the day of Akshaya Tritiya is linked to Goddess Lakshmi.
Buying gold is the most important ritual which is performed on the day of Akshaya Tritiya. The demand of gold, surges on the day of Akshaya Tritiya. It is believed that gold bought on the day of Akshaya Tritiya brings everlasting prosperity and stays in the family for generations to come. Hence people wait for the whole year for just few days to buy gold and other precious metals. Akshaya Tritiya and Dhantrayodashi are the two most significant days in Hindu calendar to purchase gold. Apart from these two days, Pushya Nakshatra days are also considered auspicious to purchase gold.
Although special gold coins are casted for these special occasions, the traditional female jewelry is in the most demand during Akshaya Tritiya. The most shopping during Akshaya Tritiya is done by female folks who are considered the Griha Lakshmi of their home.