Gold importers in India booked a few stray deals, not rushing in to buy, as prices continued to be supported by a weaker rupee and firm overseas markets ahead of festivals. * The most-active gold for December delivery on the Multi Commodity Exchange (MCX) hit a high of Rs 31,149 per 10 grams before trading almost steady at Rs 31,080 by 1:54 p.m. * "There are no deals as the rupee is on the higher side and even gold is holding higher up at USD 1,710 (an ounce)," said a dealer with a private bullion importing bank in Mumbai. *"Sizeable corrections will enable the physical market," the dealer said. * The festivals and weddings season, traditionally a time to buy gold, is underway in India. The festive season will peak next month with Dhanteras and Diwali. * The rupee, which plays an important role in determining the landed cost of the dollar-quoted yellow metal, weakened on Wednesday, supporting prices. * Global gold edged up but was poised to snap a four-month winning streak, with investors staying on the sidelines ahead of key U.S. employment data and in the wake of Hurricane Sandy. * Silver edged higher following trends in copper, another industrial metal, and gold. Silver for December delivery on the MCX was 0.48 percent higher at Rs 59,682 per kg.

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