There are many interesting stories behind the celebration of Dhanteras and here is one of them.
Dhanteras has an interesting story which suggests why buying gold is considered auspicious on this day.
According to an adage, the story of Dhanteras revolves around the 16-year old son of King Hima and his newly-wed wife.
A prophecy had indicated the King’s son will die on the fourth-day of marriage.
On that day, In order to keep her husband awake and safe, his newly wedded wife made a heap of her ornaments, including lots of Gold and Silver coins at the entrance of the sleeping chamber.
She then started singing and narrated stories to prevent her husband from falling asleep.
The next day, when the God of Death, Lord Yama came in the guise of Serpent, to take life of Prince, his eyes were dazzled by the blinding gold and silver.
Lord Yama was unable to enter the chamber and climbed the heap of wealth and sat there listening to the songs and stories. In the morning, Yama is believed to have left silently without taking the king.
Thus, the young prince was saved from the clutches of death by the cleverness of his new bride, and the day came to be celebrated as Dhanteras
Since then, buying gold or silver on this day or even other forms of ‘dhan’, is considered auspicious to keep evil and death away.