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Akshaya Tritiya: Significance and why people buy gold on this day

Akshaya Tritiya is an important day for the Hindu community in India. Also known as Akha Teej, the day falls on the third lunar day of the bright half of the Hindu month of Vaishakha. “Akshaya” translates to eternal while “Tritiya” means third. As the name suggests, any auspicious activity or investment made on this day is believed to bring endless prosperity and good luck. One of the most enduring traditions associated with Akshaya Tritiya is buying gold. Watch here to learn more