What is the significance of buying “GOLD” on the auspicious day Dhanteras

The word Dhanteras Is derived from the Sanskrit word “Dhan” means wealth and teras meaning 13thday as per the Hindu calendar.

The significance of buying gold on this day revolves around the story of 16 yr old song of king Hima and his newlywed wife wherein the son of king hima was destined to die on the 4th day of marriage due to a snake bite as per his horoscope.

The newlywed wife asked her husband to stay awake for the night. She is believed to have made heaps of gold and silver coins at the entrance of the sleeping chamber she sang songs and narrated stories the whole night.

When yama arrived disguised as a snake his were dazzled by the blinding light reflected by the heaps gold and silver. Unable to enter the sleeping chamber, yama climbed over the heap and stayed there the whole night listening to the stories and songs sung by hima’s daughter-in-law and left silently the next morning without taking the king.

Ever since then the buying of gold, silver and other kinds of ornament have gained moral and spiritual significance in order to keep out dark and evil forces to cast a bad eye on the household.