Dhanteras 2020: Gold Price Crosses Rs 50,000; Auspicious Timings

Gold futures on MCX were up 0.03 percent at Rs 50,614 per 10 grams. However, silver futures fell by 0.24 percent

The Quint
India
Published:
Image used for representation only.
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Image used for representation only.
(Photo: iStockphoto)

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Dhanteras is the beginning of the auspicious festival of Diwali. This year it is being celebrated on Friday, 13 November. This day is the best time to invest in gold and other metals. Gold prices rose to Rs 50,614 on Friday.

Dhanteras or Dhantrayodashi is one of the many festivals celebrated during the Diwali season. It is an extremely important festival for the Hindu community and the excitement is high.

Gold futures on MCX were up 0.03 percent at Rs 50,614 per 10 grams. However, silver futures fell by 0.24 percent to Rs 62,591 per kg.

Gold and silver futures on Dhanteras 2020.(Photo: MCX)

Dhanteras 2020: Mahurat to Buy Gold

While most people set out to buy precious gold and silver throughout the day on Dhanteras, there are certain auspicious timings, mahurats, during which you can buy the precious metals. This year, the auspicious time to buy gold is during the evening, immediately preceding the pooja.

  • The muhurat begins at 5:32 pm and ends at 5:59 pm (duration 27 minutes)
  • Yam deepak, 13 November- Pradosh Kaal: 5:28 pm to 8:07 pm
  • Vrishabh Kaal: 5:32 pm to 7:27 pm

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