Wednesday, December 14, 2016

PRECIOUS-Gold hits 10-month low as Fed signals faster rate hikes in 2017

* Spot gold prices turn negative after Fed statement * Fed raises U.S. interest rates 25 bps as expected * Dollar index turns higher after Fed statement (Recasts following Fed statement, updates prices; adds comment, byline, NEW YORK dateline) By Marcy Nicholson and Eric Onstad NEW YORK/LONDON, Dec 14 (Reuters) - Gold turned lower and tapped the lowest in more than 10 months on Wednesday, after the Federal Reserve raised U.S. interest rates by a quarter point and signaled a fas


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