Explained! Gold smashes Rs 1.5 lakh mark for first time, ever: 6 reasons why it appears unstoppable by ET Markets | January 20, 2026 5:09 pm | Indian Stocks, Market, News Gold surged past the Rs 1.5 lakh mark for the first time as geopolitical tensions, tariff threats, strong investor demand, central bank buying, de-dollarisation trends, and rupee weakness combined to drive prices sharply higher in 2026.