What’s common between Ugadi, Pongal, Akshaya Tritiya, Onam, and even Diwali (apart from the fact that they are all major Indian festivals)? The answer is that each festival is synonymous with gold, considered a symbol of prosperity, affluence, and purity. India has deep connections with gold, particularly for its ceremonies and religious festivals.
Our obsession with gold runs deep since we revere it as a sacred part of any cultural and spiritual celebration.
Gold is a Must for Almost Every Ceremony
Almost every ceremony in India has a golden connection! Gold symbolizes good fortune, sacredness, and high status in Indian culture. As a result, all the festivals mentioned above witness its use in several rituals, while people either purchase gold or gift it to their loved ones. For instance, buying a 2-gram gold coin or other jewelry on Dhanteras is common for most households. They believe religious and cultural practices mandate silver and gold purchases on the day to usher happiness and prosperity into the home.
Many also celebrate ceremonies like housewarming or Griha Pravesh with gold since it is auspicious. Naming ceremonies or Namakaran are also sometimes incomplete without blessings and gifts of gold jewelry to little ones. Weddings, of course, go hand in hand with gold purchases. It is a pivotal part of the bridal trousseau, while grooms also get jewelry and other items as presents. You’ll also know that the mangalsutra (sacred wedding thread) always has a little gold in it, further cementing the association of the yellow metal with Indian weddings.
The History of Gold in India- Fun Facts
Before you invest in that 2-gram gold coin or other jewelry, here are some historical facts that you will love knowing without a doubt.
• Gold finds multiple mentions in sacred Vedic texts. The Sanskrit word Hiranya refers to gold in the same.
• The Rig Veda mentions Hiranya-mani or gold several times, while a hymn from the sacred text, Sri Sukta, talks about Devi Lakshmi as the Goddess of prosperity and wealth.
• Excavations at archaeological sites like Mohenjo-Daro and Harappa (from the Indus Valley civilization) between 2600-1900 BCE indicate the use of gold jewelry.
• Relics discovered 8,000+ years ago include ornaments like bangles, necklaces, bracelets, etc.
• Silappadikaram, a Tamil epic from the Sangam era, talks about golden jewelry embedded with pearls and precious stones.
• Standardized gold coins were the brainchild of Emperor Vima Kadphises in 100 AD. The reign of the Gupta Empire was known as the Golden Age, and numerous gold coin designs and styles were introduced by the rulers.
• Tamil cultural traditions also have a custom of owning necklaces called Kasu Maalai crafted from gold coins.
• Arthasastra by Kautilya (4th century BCE) mentions gold refining in the solid and molten states. He also talks about India’s process of gold manufacturing, supervised by the Sauvarnikas or goldsmiths who would have jewelry shops in markets.
• Even the Mahabharata references Pipilaka gold, comprising fine-sized powder with high purity.
Why Gold is Indispensable
Thus, gold has several symbolic associations in India, making it near-mandatory for several ceremonies and festivals. It is also passed down as a family heirloom across generations. Gifting gold is also considered auspicious, with recipients perceiving it as a symbol of good luck and prosperity.
These gifts are perhaps the highest form of gifting in India today, especially since gold ownership is also a status symbol in the country. Many also consider gold the safest investment option and a hedge against future inflation. You can check out various options like coins, earrings, bangles, and necklaces as gifts for loved ones at festivals, weddings, and other occasions. If you’re looking for a pocket-friendly choice, a 2-gram gold coin or other products from MMTC-PAMP are worth considering, with guaranteed purity and certifications. On that note, here’s to celebrating every ceremony and festival with gold.
The idea that India's proportion of gold in its foreign exchange reserves has been on the rise recently is something traders, economists and also ordinary people are now aware. But why is the Reserve Bank of India (RBI) betting big on gold, and more importantly, what does it mean for people like you and me? Let's break it down in simple terms.
Onam is more than just a festival in Kerala. It is a celebration of the joy of abundance, from beautiful homes adorned to the heavenly Onasadya feast, colourful Pookalam (flower rangoli), and local boat races. With so many traditions, one tradition that does not change is gold. Gold holds a special place in Indian festivals, and Onam is no exception.
Janmashtami marks the birth of Lord Krishna, it's a celebration of love, devotion, and happiness. Throughout India, families excitedly prepare to welcome their little divine child, affectionately called Laddoo Gopal. Homes are decorated with flowers, temples are lit up, and "Hare Krishna" is sung far and wide. You can celebrate as large or small as you want, but Janmashtami is the right time can connect with your roots and share blessings in meaningful ways.
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