Asian markets in red as Fed signals more hikes in coming year, gold falls more than 2 pct to $1,134

All the Asian indices were trading on a lower note after the Federal Reserve raised rates for the first time in a year and hinted more hikes in 2017. U.S. gold futures fell around 2.17 percent to $1,134 mark. Silver was trading around $16.70 marks.

South Korea’s Kospi was trading 0.18 percent lower at 2,033.57 points.

Tokyo's Nikkei was trading 0.02 percent higher at 19,257.26 points.

Shanghai composite index to open down 0.5 pct at 3,125.76 points and China's CSI300 index to open down 0.5 pct at 3,363.86 points.

Hong Kong's Hang Seng was trading 1.77 percent lower at 22,060.00 points.

Australia's S&P/ASX 200 was trading 0.84 percent lower at 5,537.52 points.

India's NSE share index was down 0.66 pct in pre open trade after fed rate decision.