MUMBAI (Reuters) - India gold futures recovered partially from their lowest level in a week helped by a weaker rupee, which made the dollar-quoted yellow metal expensive, amid a flat global market, dealers said.
* The most-active gold for December delivery on the Multi Commodity Exchange (MCX) was 0.27 percent higher to 27,416 rupees per 10 grams, after hitting a week's low of 27,152 rupees in the previous session.
* The rupee slipped, tracking a fall in local shares and weakness in the euro after fresh concerns on the European crisis hit risk appetite globally.
* Global spot gold was steady, supported by safe-haven demand on resurfacing uncertainty over euro zone's resolution to its debt crisis, while a strong dollar weighed down on prices.
* "Demand is moderate... because of high rates and as festivals are over," said a dealer with a state-run, bullion-importing bank in Mumbai.
* Physical buying is expected to continue after a lull as the wedding season begins and will continue till December. India is the biggest buyer of bullion.
(Reporting by Siddesh Mayenkar; Editing by Harish Nambiar)
