Akshaya Tritiya 2021: What to buy on the auspicious occasion and impact on gold prices, all you need to know According to religious scriptures, it is believed that buying gold on Akshaya Tritiya can bring happiness, prosperity and more wealth in the future. File photo Updated: May 11, 2021, 05:05 PM IST Akshaya Tritiya is considered to be an extremely auspicious festival for Hindus. Also known as Akha Teej, the day is said to bring good luck and success. According to religious scriptures, it is believed that buying gold on Akshaya Tritiya can bring happiness, prosperity and more wealth in the future. Hence, most people purchase gold, silver and metal on this day. It is believed that by donating on this auspicious day one will get the blessings of the forefathers and all problems in life will go away. People also prefer to start new work or business on this day. This year the auspicious festival of Akshaya Tritiya falls on Friday, May 14.