* London Brent crude down at $44.27 a barrel LCOc1
* Rupee higher at 47.83 per dollar
* U.S. FOMC policy meeting results at 1915 GMT [MI/DIARY]
MUMBAI, Dec 16 (Reuters) - India's gold trimmed early losses tracking overseas markets, but domestic demand was dull with traders expecting price declines as the first phase of the wedding season tapered off, traders said.
"Jewellers are not interested to buy gold over $800 (an ounce)," said Harshad Ajmera, proprietor of JJ Gold House, a Kolkata-based bullion trader.
Traders are not interested in taking new positions as the wedding season has also ended, Ajmera added.
Overseas gold recoiled slightly on Tuesday after being pulled to a two-month high by a weaker U.S. dollar and bets the United States will cut interest rates again, taken as a further sign its financial troubles are deepening. See [ID:nSYD277223] Dealers said there could be some revival in demand only after the second phase of wedding season, which starts from Jan. 14.
Following were the prices being quoted by Axis Bank in rupees in the spot market at 1:15 p.m. INBULL03:
