Gold hits record high of $1508, base metals, Oil up

India's food inflation rose slightly after declining consecutively for three weeks to 8.74 percent for the week ending 9tni April. The country's inflation increased as fruits, meat and poultry products became costlier. The food inflation stood at 8.28 percent in the previous week. The fuel index also moved up to 13.05 percent in the same week as compared to 12.97 percent in the prior week.

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