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Gold on retreat, loses Rs 250 after dollar clout grows

NEW DELHI: Gold prices on Saturday followed the global trend by sliding Rs 250 to Rs 28900 per 10 gram as a strong dollar dented the precious metals demand amid a dwindling interest from local jewellers

Updated At : 09:02 PM Jul 08, 2017 IST

Gold as a safe haven instrument lost its appeal globally after investors and speculators switched positions in favour of the US currency. File photo

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The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is run by a trust comprising five eminent persons as trustees.

The Tribune, the largest selling English daily in North India, publishes news and views without any bias or prejudice of any kind. Restraint and moderation, rather than agitational language and partisanship, are the hallmarks of the newspaper. It is an independent newspaper in the real sense of the term.

The Tribune has two sister publications, Punjabi Tribune (in Punjabi) and Dainik Tribune (in Hindi).

Remembering Sardar Dyal Singh Majithia

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