Self Family People

05/25/2026

On May 21, 2026, President Donald Trump and EPA Administrator Lee Zeldin announced a rollback of two Biden-era regulations regarding hydrofluorocarbons (HFCs) in refrigeration and air-conditioning systems, projecting that the move will save American families and businesses more than $2.4 billion. The administration is finalizing revisions to the 2023 Technology Transitions Rule to extend compliance deadlines, which officials argue will lower grocery prices and safeguard over 350,000 high-skilled jobs, and has proposed a technical correction to the 2024 Emissions Reduction and Reclamation (ER&R) rule to exempt road-transport refrigeration appliances from stringent leak-repair requirements. While the White House contends these measures will reduce inflationary pressures on the food supply chain and provide necessary flexibility for businesses, some industry groups and environmental analysts have cautioned that the policy shifts could disrupt the transition to climate-friendly technologies and potentially lead to higher service costs by constricting the supply of newer refrigerants.

05/25/2026

Tokyo Sexwale, a billionaire and former anti-apartheid activist, has been linked to the ANC succession debate ahead of the party’s 2027 leadership conference.

A discussion document circulates within the ANC highlighting Sexwale’s credentials and suggesting he could restore investor and supporter confidence in the party.

Despite the growing support, Sexwale expressed reluctance to run for the ANC presidency, citing high personal and political risks under current conditions.

This follows earlier speculation involving billionaire Patrice Motsepe, reflecting concerns within the ANC about economic management and their future political dominance.

05/11/2026

On **Sunday, May 10, 2026**, the bullion markets in India are showing a pause in their recent rally, with retail prices remaining largely stable or seeing minor corrections compared to yesterday.
Since today is Sunday, the **Multi Commodity Exchange (MCX)** is closed, so the prices reflect the closing from Friday and the current physical retail market sentiments.
# # # **Domestic Bullion Rates (Retail)**
Prices vary slightly across cities due to local taxes, but the national averages are:
| Metal | Purity | Price (Per 10 Grams) | Price (Per Kilogram) |
|---|---|---|---|
| **Gold** | 24K (99.9%) | **₹1,52,350** | — |
| **Gold** | 22K (Jewelry) | **₹1,39,650** | — |
| **Silver** | 99.9% | **₹2,750 (per 10g)** | **₹2,75,000** |
# # # **City-Wise Snapshots (Per 10g Gold / 1kg Silver)**
* **Mumbai:** Gold (24K) at ₹1,52,350; Silver at ₹2,75,000.
* **Delhi:** Gold (24K) at ₹1,52,500; Silver at ₹2,75,000.
* **Chennai:** Gold (24K) at ₹1,54,370; Silver at ₹2,80,000.
* **Kolkata:** Gold (24K) at ₹1,52,350; Silver at ₹2,75,000.
# # # **Market Drivers & Insights**
* **Global Context:** Spot gold in international markets surged to monthly highs above **$4,720 per ounce** late Friday. Market sentiment is heavily influenced by ongoing US-Iran ceasefire negotiations; while the ceasefire is holding, the situation remains a primary trigger for safe-haven demand.
* **MCX Performance:** Gold June futures settled Friday near **₹1,52,589**, while Silver futures closed at **₹2,57,500** (up 1.67%).
* **The "Gold-Silver Ratio" Trend:** Silver has outperformed gold in terms of percentage gains over the last week (surging ~4.4%), largely due to a combination of currency fluctuations and strong industrial demand in the solar and electronics sectors.
* **Outlook:** Analysts expect gold to consolidate in the **$4,650–$4,750** range in the coming week, as traders await fresh inflation data from the US and Germany.
> **Note:** Retail prices include local jewelry association premiums but exclude 3% GST and making charges. Always verify with your local jeweler before finalizing a transaction.
>

05/11/2026

JUST IN: Stablecoin giant Tether holds 97,204 Bitcoin worth $7.65 billion, after releasing Q1 2026 earnings.

That makes Tether one of the largest corporate Bitcoin holders on the planet, sitting behind only Strategy (formerly MicroStrategy) and a handful of sovereign-linked entities.

04/30/2026

If you discover mineral or gold in your land ,don't rush to mine,Under the Nigerian Minerals and Mining Act 2007, all mineral resources belong to the Federal Government.
Here’s the correct (brief) process:

Report/Confirm the Discovery
Notify the Ministry of Mines and Steel Development or a licensed geologist to verify what you’ve found.

Apply for a Mining Title
You (or a company) must obtain a licence from the Mining Cadastre Office (e.g., exploration licence, small-scale mining lease, or mining lease).

Conduct Environmental & Community Approvals
Get environmental impact approval and settle community agreements where required.
Start Operations Legally

Only after approval can you mine—and you’ll pay royalties to the government

04/30/2026

India's first large-scale private gold mine since Independence is set to begin commercial operations in Jonnagiri, Kurnool district, Andhra Pradesh.
The Jonnagiri Gold Project represents a significant milestone in reducing the country's massive gold import bill.
🌟 Project Highlights
Mine Name: Jonnagiri Gold Project
Developer: Geomysore Services India Pvt Ltd (supported by Deccan Gold Mines Ltd and Thriveni Earthmovers)
Total Investment: Over ₹400 crore
Geographical Spread: Spans 598 hectares across Jonnagiri, Erragudi, and Pagidirayi villages
Confirmed Reserves: 13.1 tonnes of certified gold
Total Potential: Up to 42.5 tonnes with further exploration
📈 Production Timeline & Capacity
Launch Date: Scheduled to start commercial production in May 2026.
Initial Target: Aims to produce around 400 to 750 kg of gold in the first year.
Peak Target: Expected to scale up to 1 tonne (1,000 kg) of refined gold annually within 2–3 years.
Project Lifespan: Estimated at 15 years at peak capacity.
⚖️ The Import vs. Domestic Production Gap
Heavy Imports: India heavily relies on foreign gold, importing over 800 tonnes annually to satisfy domestic demand.
Current Domestic Supply: The state-run Hutti Gold Mines in Karnataka is currently the only major producer, contributing roughly 1.5 tonnes per year.
This private sector venture will boost domestic yields but will act primarily as a stepping stone rather than a complete solution to bridge India's massive import deficit.

04/30/2026

Here's a breakdown of what's driving the gold rebound story:

**Gold's Comeback**
Gold rose more than 3% in Asian trading to $4,822 an ounce, while silver surged 5.3% to $83.50, as investors were drawn to prices after a sharp sell-off. [Euronews](https://www.euronews.com/business/2026/02/02/trumps-fed-pick-sparks-brutal-gold-and-silver-sell-off)

**The Fed Rift**
The sharp sell-off was triggered by news that President Trump intends to nominate Kevin Warsh as the next Federal Reserve chair — a development that boosted the dollar and reinforced expectations of a more hawkish policy stance. [Euronews](https://www.euronews.com/business/2026/02/02/trumps-fed-pick-sparks-brutal-gold-and-silver-sell-off) Although Warsh has voiced support for aspects of Trump's vision including rate cuts, markets don't view him as an unequivocal advocate of aggressive monetary easing. [Euronews](https://www.euronews.com/business/2026/02/02/trumps-fed-pick-sparks-brutal-gold-and-silver-sell-off)

**The Oil Chaos Factor**
The so-called "Grey Swan" tail risk of triple-digit crude oil prices has arrived, and gold has not been immune to this energy price shock, which has rippled across asset markets. [State Street](https://www.ssga.com/library-content/products/fund-docs/etfs/us/insights-investment-ideas/monthly-gold-monitor.pdf) The Federal Reserve now faces a policy nightmare: an economic slowdown coupled with accelerating energy inflation. [FinancialContent](https://markets.financialcontent.com/wral/article/marketminute-2026-3-3-the-great-divergence-why-record-gold-prices-and-410-yields-are-redefining-risk-in-2026)

**Why Markets Are Rattled**
The probability of a summer rate cut has evaporated, with markets now bracing for a "higher-for-longer" stance that could persist until September 2026 or beyond. [FinancialContent](https://markets.financialcontent.com/wral/article/marketminute-2026-3-3-the-great-divergence-why-record-gold-prices-and-410-yields-are-redefining-risk-in-2026) This rare alignment of rising yields and rising gold indicates that investors no longer view Treasuries as a refuge from inflation, but rather as a victim of it. [FinancialContent](https://markets.financialcontent.com/wral/article/marketminute-2026-3-3-the-great-divergence-why-record-gold-prices-and-410-yields-are-redefining-risk-in-2026)

**What Analysts Expect**
One major forecaster maintains a base case projection of $4,750–$5,500/oz into year-end, believing gold is still in the middle innings of a bull cycle, while noting that $4,000–$4,100 should hold as a floor. [State Street](https://www.ssga.com/library-content/products/fund-docs/etfs/us/insights-investment-ideas/monthly-gold-monitor.pdf) Gold prices are expected to remain highly volatile this week amid the Fed's interest rate decision, Q1 GDP data, and other key macro indicators. [LiteFinance](https://www.litefinance.org/blog/analysts-opinions/gold-price-prediction-forecast/daily-and-weekly/)

In short: oil volatility is stoking stagflation fears, the Fed's leadership uncertainty is shaking confidence in monetary policy, and gold is reasserting itself as the last-resort safe haven when both stocks and bonds are under pressure.

04/28/2026

BREAKING: 🇺🇸 Fed Chair Kevin Warsh says crypto is now part of the US financial system.

Bullish for crypto 🙌

04/28/2026