Sept 29 (Reuters) - Gold edged higher on Tuesday buoyed by a
softer dollar, with investors focusing on the first U.S.
presidential debate and progress on a new U.S. stimulus bill.
FUNDAMENTALS
* Spot gold XAU= rose 0.15% to $1,883.69 per ounce by 0058
GMT. Prices rose 1.1% in the previous session, its biggest
one-day gain since late August.
* U.S. gold futures GCv1 were up 0.4% at $1,889.70.
* The dollar index .DXY was down 0.1% against rivals,
having recorded its biggest daily percentage drop in a month on
Monday. USD/
* A weaker dollar makes gold cheaper for holders of other
currencies.
* President Donald Trump and former Vice President Joe Biden
will square off in their first presidential debate later in the
day, with five weeks to go until the Nov. 3 general
election. * U.S. House of Representatives Speaker Nancy Pelosi said on
Monday that Democratic lawmakers unveiled a new, $2.2 trillion
coronavirus relief bill, which she said was a compromise measure
that reduces the costs of the economic aid. She did not say when
there would be a vote on the latest proposal. * The number of new COVID-19 cases in the United States has
risen for two weeks in a row in 27 out of 50 states, according
to a Reuters analysis, adding to concerns over its economic
fallout. * The European Union and Britain both said a post-Brexit
deal was still some way off and differences persisted on Monday
over putting in place their earlier divorce deal as they began a
decisive week of talks in Brussels. * Holdings in SPDR Gold Trust GLD , the world's largest
gold-backed exchange-traded fund, rose 0.16% to 1,268.89 tonnes
on Monday. * Silver XAG= fell 0.1% to $23.68 per ounce, platinum
XPT= fell 0.2% to $880.56 and palladium XPD= gained 0.5% to
$2,265.25.
DATA/EVENTS (GMT)
0900 EU Consumer Confid. Final
1200 Germany CPI Prelim YY
1200 Germany HICP Prelim YY
1400 US Consumer Confidence