* London Brent crude lower at $46.39 a barrel LCOc1
* Rupee weaker at 48.525 per dollar
* U.S. retail sales for November at 1330 GMT [MI/DIARY]
MUMBAI, Dec 12 (Reuters) - India's gold eased from its recent highs tracking international markets on Friday, but domestic demand remained weak as traders awaited more price declines even as the wedding season wound down, traders and dealers said.
"Continuous phone calls from jewellers are not there," said Naresh Devatha, a partner at Micro International, a bullion trading house in Bangalore pointing out the decline in his business.
They would require more downside in the yellow metal to make any purchases, Devatha added.
Overseas gold slipped early on Friday, tracking losses in other hard commodities such as oil and industrial metals, and as the dollar firmed a touch against the euro. See [ID:nLC227129] The benchmark February contract MAUG9 on the Multi Commodity Exchange of India rose for a fifth straight day on Thursday and closed at 12,817 rupees per 10 grams, up 99 rupees. The contract had hit a high of 12,932 rupees on Thursday. Continued...
