Akshaya Tritiya is one of the most sacred and celebrated days in the Hindu calendar. It usually falls in April or May and is believed to bring endless prosperity, success, and good luck. The word Akshaya means “never diminishing”, so people believe that anything started or bought on this day will continue to grow forever — whether it’s wealth, relationships, or ventures.
While most people associate this day with buying gold and starting new businesses, Akshaya Tritiya also has deep historical and mythological importance. Let’s explore 10 major events believed to have happened on this powerful day.
Top 10 Historical & Mythological Events That Happened on Akshaya Tritiya
1. Lord Parashurama Was Born
One of the most important events linked to Akshaya Tritiya is the birth of Lord Parashurama, the 6th avatar of Lord Vishnu. Known as the warrior sage, Parashurama played a key role in eliminating evil kings and restoring dharma (righteousness) on Earth. His birth is celebrated with special prayers and rituals in many parts of India on this day.
2. Sudama Met Krishna and Received Endless Wealth
One of the most touching stories in Hindu mythology is when Sudama (a poor Brahmin) visited his childhood friend Lord Krishna. Sudama didn’t ask for anything, but Krishna, recognizing his devotion and humility, blessed him with wealth and a beautiful palace. This act of divine generosity is believed to have happened on Akshaya Tritiya.
3. Draupadi Received the Akshaya Patra
During the Pandavas’ exile, they often struggled for food. Seeing their hardship, Lord Krishna gave Draupadi the Akshaya Patra, a magical vessel that provided unlimited food. This ensured no guest went hungry. This miracle is also believed to have occurred on Akshaya Tritiya, symbolizing unlimited blessings and abundance.
4. The Day the Mahabharata Began to Be Written
According to many sources, Sage Vyasa began dictating the Mahabharata to Lord Ganesha on Akshaya Tritiya. This epic, which is central to Indian culture and wisdom, contains valuable life lessons and philosophies. Starting its writing on this day symbolizes the power of knowledge and eternal truth.
5. Ganga River Descended to Earth
The holy river Ganga is believed to have descended from heaven to Earth on Akshaya Tritiya. Ganga is worshipped as a goddess who cleanses sins and grants moksha (liberation). Many people take a holy dip in the Ganges on this day to wash away their sins and seek blessings.
6. Kubera Was Appointed as Lord of Wealth
According to mythology, Kubera — the god of wealth — was appointed as the treasurer of the gods on Akshaya Tritiya. It is believed that worshiping Goddess Lakshmi and Lord Kubera on this day brings financial success and material prosperity.
7. Treta Yuga Began
In Hindu cosmology, we live in a cycle of four ages (Yugas): Satya Yuga, Treta Yuga, Dwapara Yuga, and Kali Yuga. It is believed that Treta Yuga — the age when Lord Rama lived — began on Akshaya Tritiya. This gives the day even more historical and spiritual importance.
8. Pandavas Dug the Akshaya Well
According to local legends in some parts of India, the Pandavas dug a well that never ran dry, also associated with the blessings of Akshaya Tritiya. It symbolized the eternal and self-replenishing nature of divine gifts.
9. Adishankaracharya Wrote Kanakadhara Stotra
When Adi Shankaracharya was a young boy, he went begging for food and received only a dry gooseberry from a poor woman. Touched by her generosity, he composed the Kanakadhara Stotra, a prayer to Goddess Lakshmi. Moved by the prayer, Lakshmi showered gold coins into the woman’s house — and this is believed to have happened on Akshaya Tritiya.
10. Beginning of Char Dham Yatra
In many traditions, Akshaya Tritiya marks the opening of the Char Dham pilgrimage — Badrinath, Kedarnath, Gangotri, and Yamunotri — which are sacred sites in northern India. Devotees believe starting the pilgrimage on this day brings divine blessings and spiritual success.
💰 Akshaya Tritiya and Gold Buying: Why Do People Buy Gold?
The tradition of buying gold on Akshaya Tritiya is based on the belief that gold bought today will multiply in value and bring good luck. It’s also seen as a secure investment. Over the years, gold shops have reported record-breaking sales on this day, and even in the digital age, people invest in digital gold or gold ETFs.
📊 Gold Rate Trends in India (2000 to 2025)
Here’s the accurate historical data of 24k gold prices per 10 grams in India for the last 25 years:
| Year | Gold Rate (₹/10g) |
|---|---|
| 2025 (Apr 22) | ₹1,02,170 |
| 2025 (Mar 1) | ₹87,550 |
| 2025 (Feb 1) | ₹85,300 |
| 2024 | ₹78,245 |
| 2023 | ₹63,203 |
| 2022 | ₹55,017 |
| 2021 | ₹48,099 |
| 2020 | ₹50,151 |
| 2019 | ₹39,108 |
| 2018 | ₹31,391 |
| 2017 | ₹29,156 |
| 2016 | ₹27,445 |
| 2015 | ₹24,931 |
| 2014 | ₹26,703 |
| 2013 | ₹28,422 |
| 2012 | ₹30,859 |
| 2011 | ₹27,329 |
| 2010 | ₹20,728 |
| 2009 | ₹16,686 |
| 2008 | ₹13,630 |
| 2007 | ₹10,598 |
| 2006 | ₹9,265 |
| 2005 | ₹7,638 |
| 2004 | ₹6,307 |
| 2003 | ₹5,600 |
| 2002 | ₹4,990 |
| 2001 | ₹4,300 |
| 2000 | ₹4,400 |
💡 What This Tells Us
- In 2000, gold was just around ₹4,400 per 10 grams. In 2025, it’s over ₹1,00,000!
- The gold price has grown over 20 times in 25 years.
- Huge jumps happened in 2011, 2020, and again in 2023–2025, mostly due to inflation, global tension, and rising demand.
This shows why people see gold as a safe and growing investment, especially during uncertain times.
🛍️ Final Thoughts
Akshaya Tritiya is more than just a shopping day. It’s a powerful moment to start good habits, invest in the future, and seek divine blessings. Whether you’re starting a business, buying gold, or helping someone in need, remember—the energy of this day is believed to multiply your efforts eternally.
