* London Brent crude down at $90.88 a barrel LCOc1
* Rupee weak at 45.13 per dollar INR=IN
* U.S. weekly mortgage market index at 1200 GMT [MI/DIARY]
MUMBAI, Dec 8 (Reuters) - India gold demand edged up as traders hunted bargains with prices easing from their record highs, though buying lacked the momentum that was witnessed during the key gold-buying festivals, dealers said.
"Deals aren't happening on expected lines. Sales are far lower than what they were in early November. We booked for only 120 kgs from morning at $1,392 (an ounce)," said a dealer with a state-run bullion importing bank.
Gold contract MAUc1 on the Multi Commodity Exchange (MCX) was trading 0.38 percent lower at 20,600 rupees per 10 grams at 1:34 p.m., down about 1.5 percent from the record high of 20,924 rupees struck in the previous session.
Wedding season that follows Dhanteras and Diwali festivals is underway in India and will end in December.
During religious celebrations and weddings, gold is a key gift item for Indians, and the country accounts for 20 percent of global demand for jewellery.
In July-September, India imported 214 tonnes of gold, up 21.6 percent on year, the World Gold Council said.
Following were the prices being quoted by HDFC Bank in rupees in the spot market at 1:15 p.m. INBULL03:
