Akshaya Trithiya is an auspicious day which falls on the third day after Amavasi or no moon day in the Hindu month of Vaishakha.The word Akshaya means ‘that which never diminishes’ and the day is ideal to perform sacred deeds.As per the Hindu religious texts and epics, the Thretha Yuga was started on the day of Akshaya Tritiya. Hindus also observe the birthday of Lord Parasurama, the sixth incarantion of Lord Sri Maha Vishnu.
Worship of Lord Vishnu on Akshay Tritiya eradicates and removes ones sins and makes him free from all sorrows. Puranas described that Devotees who perform Sri Maha Vishnu Puja on Akshay Tritiya attains salvation. As per the Puranas, charity of food, clothes and other edible material on Akshaya Tritiya is also considered as most important ritual of the festival.
Nowadays, Akshaya Trithiya is associated with gold purchase and many people wait for the day to make investments in gold.Gold and gold jewelry bought and worn on this day signify never diminishing good fortune. Buying gold is a popular activity on Akshaya Tritiya, as it is the ultimate symbol of wealth and prosperity. It is believed that buying Gold on Akshaya Tritiya is auspicious and shall continue to grow and bring prosperity.
Akshaya Tritiya is auspicious day for starting new venture, buying gold and one of the most auspicious days for weddings. During Akshaya Tritiya, all marriage halls, caterers, decorators, shamiyanas, mehendi artistes in the city have their hands full. During this day, gold price will increase slightly and the event organizers charge more for their services.
The Akshaya Tritiya festival is one of the two most auspicious days of the year to buy the yellow metal in the world’s largest gold market, as Hindus believe they can get lasting prosperity by buying precious metals on the day. According to source, Akshay Tritiya 2010 date is May 16th Sunday and people have already started booking their gold to get delivered on Akshay Tritiya. Akshay Tritiya is auspicous for all sacred deeds or punya karya.