Gold eases as U.S. Fed meets, global stock indexes rise | Reuters

By Marcy Nicholson and Zandi Shabalala | NEW YORK/LONDON NEW YORK/LONDON Gold edged lower on Tuesday, losing its lustre as the Federal Reserve began its two-day meeting during which it is expected to deliver the second U.S. interest rate hike in a decade and provide some insight into its outlook for 2017.Markets have priced in a near 100 percent chance of a quarter-point increase. Higher interest rates generally dent demand for non-yielding bullion while strengthening the dollar, in which it is priced.Spot gold XAU= slipped by 0.6 percent to $1,155.65 an ounce by 2:47 p.m

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