Wednesday, December 14, 2016

PRECIOUS-Gold ticks higher, awaiting Fed rate decision and 2017 view

* Fed statement scheduled for 1900 GMT Wednesday

* Expected to raise U.S. interest rates 25 bp

* Dollar index down after weak U.S. retail sales

(Adds U.S. data, updates prices)

By Eric Onstad

LONDON, Dec 14 (Reuters) - Gold hovered at slightly firmer

levels on Wednesday as investors kept to the sidelines,

confident that the U.S. central bank would raise interest rates

but unsure about what guidance it would give for next year.

Bullion was supported by a softer dollar ahead

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