Gudi Padwa 2026 Gold & Silver Buying Guide: What to Buy, When & Why
Gudi Padwa 2026 is on Thursday, 19 March. If you have been thinking about buying gold or silver, this is the day. Gudi Padwa is one of the Sade Teen Muhurats, which means the entire day is shubh for buying precious metals. No need to check with a pandit, no need to wait for a specific time slot. Sunrise to sunset, the whole day is auspicious.
In this guide, we have covered everything: from traditional Lakshmi temple necklaces and gold haars for festive wear, to 24K gold coins for gifting, to NIBR silver bars for serious investment. Plus honest buying tips from 40 years of serving Chembur families.
Gudi Padwa 2026: Date, Timings & Muhurat
This year's Gudi Padwa marks the start of Parabhava Nama Samvatsara, the new Marathi year. Here are the timings you need to know:
| Detail | Timing (IST) |
|---|---|
| Pratipada Tithi begins | 6:52 AM, Thursday 19 Mar 2026 |
| Best time to hoist the Gudi | 7:00 AM to 10:30 AM (Shubh Choghadiya) |
| Gold & silver buying muhurat | Entire day (Sade Teen Muhurat) |
| Swarn Shikhar store hours | 10:30 AM to 9:30 PM (extended for festival) |
Because it is a Sade Teen Muhurat, there is no specific time window you need to worry about. Buy anytime between sunrise and sunset. One tip though: mornings get very crowded at jewellery stores across Mumbai, so if you prefer a calmer shopping experience, come in the afternoon.
Why Do People Buy Gold & Silver on Gudi Padwa?
In the Hindu calendar, there are only three-and-a-half days when the entire day is considered auspicious without any muhurat calculation. These are called the Sade Teen Muhurats: Gudi Padwa, Akshaya Tritiya, Dussehra, and the first half of Diwali. On any other festival, you would need to check with a pandit for the right time. On these days, you don't.
For Maharashtrian families, Gudi Padwa has an extra layer of meaning because it is the Marathi new year. Buying gold or silver on this day is like setting the tone for the next 12 months. It is also why a lot of families club their Gudi Padwa shopping with wedding trousseau purchases, especially during the March to May shaadi season.
We have been part of this tradition at Swarn Shikhar for over 40 years now. More than 25,000 families have shopped with us since we opened in 1986. Some of our Gudi Padwa customers are third-generation families, grandchildren of the people who first walked into our Chembur store.
Traditional Gold Jewellery for Gudi Padwa
The classic Gudi Padwa look is a green or yellow Nauvari saree with traditional gold ornaments: a Thushi at the throat, a long Kolhapuri Saaj or temple necklace, gold bangles, and a Nath. Even if you are not going full traditional this year, adding one good gold piece to your collection on Gudi Padwa is something most families like to do.
Here are four pieces from our collection that work well for the occasion:
22K BIS HallmarkedGold Floral Haar Necklace (Champakali)
Hand-crafted 22K gold haar in traditional champakali design with jhalar tassels. Goes perfectly with a Nauvari saree for Gudi Padwa or as a wedding trousseau piece.
Temple JewelleryGold Lakshmi Temple Necklace (Meenakari)
Lakshmi-Ganesha temple necklace with detailed meenakari enamel work. This is one of the most in-demand pieces during Gudi Padwa because of the Lakshmi connection with new year prosperity.
22K BIS HallmarkedGold Mango Mala Necklace (Manga Malai)
The classic mango-motif gold mala. This is one of the oldest necklace designs in Indian jewellery. The mango stands for fertility and new beginnings, making it a natural pick for Gudi Padwa.
Temple JewelleryGold Gundla Mala Temple Necklace
Gundla (cluster bead) mala with a temple deity pendant in 22K gold. Works as a festive piece now and a bridal piece later. Very versatile.
Gold Coins & Investment Gold for Gudi Padwa
Not everyone wants to buy jewellery. Many families prefer gold coins or bars as a straight investment. The most popular Gudi Padwa gift in this category? A 24K Lakshmi-Ganesha gold coin. It is auspicious, it is practical, and everyone from your parents to your in-laws will appreciate it.
Investment Gold at Swarn Shikhar
Gold rates change every day. Check today's live gold rate or WhatsApp us for the exact price before your visit.
Silver Coins & NIBR Silver Bars: The Big Trend This Gudi Padwa
Silver has been on a serious upswing over the past year, and we are seeing that in our store too. More and more families are asking about silver coins and bars, especially around festival time. If you have been thinking about silver as an investment or as a Gudi Padwa gift, this is a good time to start.
999+ Fine SilverNIBR ACA 1 KG Pure Silver Bar (999+)
From National India Bullion Refinery ACA SONS, one of Mumbai's most trusted names in bullion. 1000 grams of 999+ purity fine silver with branded packaging, their well-known tree emblem, and assay certificate. If you are buying silver for investment, this is the bar that holds its value best in the resale market.
Priced at the live silver rate. WhatsApp us for today's price.
Silver Investment Options at Swarn Shikhar
Silver rates change daily. Call or WhatsApp us at +91 8591 241 161 for today's silver rate and availability.
Why Silver Is Trending for Gudi Padwa 2026
Silver prices have gone up significantly over the past two years. Industrial demand (especially from the solar energy sector), plus general economic uncertainty, has pushed silver into the spotlight as a serious investment option. For families who want to go beyond gold, a Gudi Padwa silver purchase is a smart move. You get the auspiciousness of buying on a Sade Teen Muhurat, and you get into a metal that has been performing well.
The NIBR ACA silver bar is especially popular with our customers. NIBR (National India Bullion Refinery) is a household name in Mumbai's bullion market, and any jeweller or dealer will accept their bars without any fuss. The 999+ purity, recognisable tree emblem packaging, and strong resale value make it the go-to choice for buyers across Chembur, Ghatkopar, and Thane.
5 Things to Keep in Mind When Buying Gold & Silver on Gudi Padwa
Always check for the BIS hallmark and HUID
Every gold piece should have a BIS hallmark with a unique HUID (Hallmark Unique Identification) number. This is your guarantee of purity: 916 means 22K, 750 means 18K, 999 means 24K. For silver, look for BIS hallmarks on jewellery and branded assay certificates on bars. You can verify any HUID on the BIS verification portal.
Ask for a clear breakdown of making charges
Gold jewellery pricing works like this: gold weight × today's rate + making charges + GST. Making charges can be anywhere from 8% to 25% depending on how complex the design is. Always ask your jeweller to show you the breakdown before you pay. At Swarn Shikhar, we put every component on the bill. No hidden charges. Silver bars and coins have very low making charges, which is one reason they are popular for investment.
Split your budget: gold for wearing, silver for investing
This is what a lot of our regular customers do. They buy 22K gold jewellery for wearing and gifting, and put their investment money into 24K gold coins or NIBR silver bars. Coins and bars have no making charges, so your resale value is better. And silver's lower price per gram means you can buy a much larger quantity of precious metal compared to gold.
Bring your old gold for exchange
Gudi Padwa is a great time to swap out old designs. We test, weigh, and value your old gold at today's market rate (minus any impurities), and deduct that amount from your new purchase. Lots of families do this every year. Starting the new year with fresh gold is considered extra auspicious.
Come early or pre-book on WhatsApp
Gudi Padwa mornings are the busiest time at any jewellery store in Mumbai. If you don't want to wait, WhatsApp us beforehand and tell us what you are looking for. We will keep your pieces ready so you can walk in, try them on, and walk out. We also do video consultations for customers who are not in Mumbai.
Visit Us This Gudi Padwa
Swarn Shikhar Jewellers, Chembur. Trusted by Mumbai families since 1986. Walk in on 19 March or WhatsApp us to pre-select your Gudi Padwa gold, silver coins, or NIBR silver bars.
Shop No 6, Aashirwad Building, N.G. Acharya Marg, Chembur, Mumbai 400071
Frequently Asked Questions
Why is Gudi Padwa considered auspicious for buying gold?▼
Gudi Padwa is one of the Sade Teen Muhurats, which are the three-and-a-half most auspicious days in the Hindu calendar. On most other festivals, you need to check a specific muhurat with a pandit. But on Gudi Padwa, the entire day is considered shubh for buying gold, silver, property, or starting a new venture. People believe that gold and silver purchased on this day multiplies wealth and brings prosperity for the whole year.
When is Gudi Padwa 2026?▼
Gudi Padwa 2026 is on Thursday, 19 March. The Pratipada Tithi begins at 6:52 AM on March 19 and goes on through the next morning. The best time for hoisting the Gudi and doing puja is between 7:00 AM and 10:30 AM during the Shubh Choghadiya.
What gold jewellery do Maharashtrian women traditionally wear on Gudi Padwa?▼
Most Maharashtrian women go with a green or yellow Nauvari saree and pair it with gold jewellery like a Thushi (choker necklace), Kolhapuri Saaj (long necklace similar to a mangalsutra), Nath (nose ring), gold bangles, and Jhumkas. A Lakshmi temple necklace is also very common for Gudi Padwa since Lakshmi represents the prosperity of the new year.
Is it better to buy gold jewellery or gold coins on Gudi Padwa?▼
Both are considered equally auspicious. Gold coins with Lakshmi-Ganesha motifs are very popular as gifts and for investment. Gold jewellery makes more sense if you plan to wear it regularly, because the making charges are justified by daily use. If you only want to invest, go with a 24K gold coin or bar. No making charges means better resale value.
What gold purity should I look for when buying on Gudi Padwa?▼
For jewellery, 22K (916) hallmarked gold is the standard. It gives you the best balance of purity and durability for daily wear. For investment coins and bars, 24K (999) gold gives you maximum purity. Always check for the BIS hallmark and HUID number on every piece. At Swarn Shikhar, every item is 100% BIS certified with transparent billing.
Are silver coins and bars also auspicious to buy on Gudi Padwa?▼
Yes, absolutely. Silver is considered equally auspicious to buy on Gudi Padwa. Silver coins with Lakshmi motifs are a popular and affordable gifting option. Silver bars like the NIBR ACA 1 KG Silver Bar (999+ purity) are a solid investment choice. Silver prices have gone up significantly in recent years, so buying on a Sade Teen Muhurat makes it both spiritually and financially meaningful.
What is the NIBR ACA Silver Bar and why is it so popular?▼
NIBR ACA stands for National India Bullion Refinery ACA SONS, one of India's most trusted bullion refineries based in Mumbai. Their 1 KG (1000g) silver bars come with 999+ purity, branded packaging with the well-known tree emblem, and an assay certificate. They are popular because of consistent purity, high resale value, and strong brand recognition across Mumbai's bullion market. Any jeweller or bullion dealer will accept an NIBR bar without hesitation.
Does Swarn Shikhar have any Gudi Padwa special offers?▼
Yes, we do. We run special Gudi Padwa offers on gold and silver, including reduced making charges on gold jewellery and free gift packaging on coins and bars. WhatsApp us at +91 8591 241 161 or visit our Chembur store for the latest offers. We also have a try-at-home service for bridal and heavy jewellery pieces.
What is the Sade Teen Muhurat?▼
Sade Teen Muhurat means the three-and-a-half most auspicious days in the Hindu calendar. The three full days are Gudi Padwa (Chaitra Shukla Pratipada), Akshaya Tritiya (Vaishakha Shukla Tritiya), and Dussehra (Ashwin Shukla Dashami). The half day is Diwali (Kartik Amavasya, only the first half). On these days, you do not need a pandit to calculate a specific muhurat. The entire day is considered shubh.
Can I exchange old gold for new jewellery on Gudi Padwa?▼
Of course. Swarn Shikhar has a gold exchange programme where your old gold is tested, weighed, and valued at the current market rate. That value gets adjusted against your new purchase. A lot of families use Gudi Padwa to swap out old designs for new ones. It is considered doubly auspicious to start the new year with fresh gold.
Shivam Jain
Operations Manager, Swarn Shikhar Jewellers. I write about gold, silver, and the traditions behind the jewellery we make.