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RTRS: India gold buying slows prices up
 
* Spot gold steady at $954.45 an ounce

* London Brent crude up at $70.95 a barrel LCOc1

* Rupee weak at 47.53 per dollar

* U.S. weekly jobless claims at 1230 GMT [MI/DIARY]

MUMBAI, June 11 (Reuters) - India's gold buying remained slow on Thursday, with well-stocked traders unwilling to enter into fresh deals as the wedding season nears its end, dealers said.

Domestic prices edged higher tracking a weak rupee, that makes the dollar denominated asset expensive.

The most active August contract MAUQ9 was 0.34 percent higher at 14,644 rupees per 10 grams at 2:10 p.m..

"It (gold buying) has slowed down a lot. Traders have enough stock to meet demand and even weddings are almost over," said a dealer with a private bank in Mumbai.

"There are stray enquiries, but no one is committing," said another dealer at a state-run bank.

The Indian rupee extended its fall in afternoon trade tracking losses of more than 1 percent in domestic stocks with lower Asian units also adding to the bearishness. See [ID:nBOM485466]

Dealers said there could be intermittent buying if prices fall by around 5 percent from current levels.

"Interest could come in at around 14,000 rupees" said the dealer at the state-run bank.

Following were the prices being quoted by HDFC Bank in rupees in the spot market at 1:15 p.m. INBULL03:

Gold .999/10 grams 14,775 14,820

Silver .999/kg 24,600 24,760

Following were prices in rupees on the Multi Commodity Exchange of India Ltd. at 2:11 p.m. <0#MAU:>:

Contract Current price Net change

Source