PRECIOUS-Gold inches higher on subdued dollar; Trump-Biden debate in focus

* Spot gold may break support at $1,855/oz - technicals
* Interactive graphic tracking global spread of coronavirus:
https://graphics.reuters.com/world-coronavirus-tracker-and-maps/

(Adds comment, updates prices)
By Eileen Soreng
Sept 28 (Reuters) - Gold prices edged up on Monday as the
dollar slipped off a two-month peak hit last week after
political uncertainty accelerated ahead of the first
presidential election debate between U.S. President Donald Trump
and his Democratic rival Joe Biden.
Spot gold XAU= was up 0.1% at $1,861.16 per ounce by 0703
GMT. U.S. gold futures GCv1 were down 0.3% at $1,861.60.
"Gold is going to be driven by the tenor of the U.S.
dollar," said Stephen Innes, chief market strategist at AxiCorp.
"The big move is going to probably occur after the
presidential debate when we have a better read on where the
polls are going to be sitting."
The dollar index .DXY was down 0.1% against rivals,
slightly off a two-month peak hit last week. USD/
A firmer dollar makes bullion more expensive for holders of
other currencies.
Trump and Biden will have their first presidential election
debate on Tuesday. Investor focus will also be on a new fiscal support package
after U.S. House Speaker Nancy Pelosi said on Sunday a deal
could be reached with the White House on a coronavirus relief
package and that talks were continuing. Global central banks and governments have released massive
stimulus to prop up their economies from the impact of the
COVID-19 pandemic, pushing gold more than 20% higher this year.
However, prices have retreated by about 10% since hitting a
record peak in August.
"We are more likely to see gold buyers chasing the market
higher if $1,900 an ounce gets recaptured, than for them to load
up at these price levels for now," said Jeffrey Halley, a senior
market analyst at OANDA, in a note.
On the technical front, spot gold may break support at
$1,855 per ounce, said Reuters technical analyst Wang Tao.
TECH/C
Elsewhere, silver XAG= fell 0.3% to $22.78 per ounce,
platinum XPT= gained 0.8% to $853.55 and palladium XPD=
eased 0.1% to $2,214.04.

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