India's gold futures were steady on Thursday evening as profit-taking outweighed a weak rupee and a slight edge-up in the overseas market, and demand was subdued as wedding season purchases tapered off, dealers said.
* At 4:06 p.m., the most-active gold for June delivery on the Multi Commodity Exchange (MCX) was down 0.03 percent at 22,454 rupees per 10 grams.
* "It's a quiet period. Wedding season demand is almost over. Jewellers are holding lower inventory, but they are not buying at current levels. They are waiting for a correction," said a Mumbai-based dealer with a state-run bank dealing in bullion.
* Activities in Asia's physical gold market slowed as the summer lull reduced both buying interest and scrap selling, and premiums eased in regional bullion trade hubs Hong Kong and Singapore.
* International gold edged up on Thursday as concerns grew about the outlook for the U.S. economy and the dollar weakened.
* The Indian rupee, which has a bearing on the landed cost of dollar-quoted gold, remained weak in afternoon trade on Thursday tailing softer local shares and the euro, but was stuck in a narrow 8-10 paise band in quiet trade.
