Sept 23 (Reuters) - Gold prices edged higher on Wednesday,
supported by renewed U.S.-China tensions and concerns over
economic recovery, but a robust dollar capped gains.
FUNDAMENTALS
* Spot gold XAU= rose 0.2% to $1,902.04 per ounce by 0100
GMT.
* U.S. gold futures GCv1 eased 0.1% to $1,905.60.
* The dollar index .DXY hit an eight-week peak. A firmer
dollar makes bullion more expensive for holders of other
currencies. USD/
* U.S. President Donald Trump told the United Nations
General Assembly on Tuesday that China must be held accountable
for having "unleashed" COVID-19 on the world, prompting Beijing
to accuse him of "lies" and abusing the U.N. platform to provoke
confrontation. * Top U.S. economic policymakers opened the door on Tuesday
to further aid for small businesses hit by the
coronavirus-triggered recession, but differed over how broad it
might extend and the manner in which it should be delivered.
* Meanwhile, Chicago Fed President Charles Evans said the
central bank still needed to discuss its new average inflation
target but that it "could start raising rates before we start
averaging 2%." * Low interest rates tend to support gold, which is
considered a hedge against inflation and currency depreciation.
* The UK has imposed fresh set of curbs to tackle a second
wave of COVID-19, with new restrictions lasting probably six
months. * Holdings in SPDR Gold Trust GLD , the world's largest
gold-backed exchange-traded fund, fell 0.05% to 1,278.23 tonnes
on Tuesday. * Silver XAG= fell 0.6% to $24.26 per ounce, platinum
XPT= rose 0.3% to $869.64 and palladium XPD= slipped 0.8% to
$2,203.15.
DATA/EVENTS (GMT)
0715 France Markit Mfg, Serv, Comp Flash PMIs
0730 Germany Markit Mfg, Services, comp Flash PMIs
0800 EU Markit Mfg, Serv, Comp Flash PMIs
0830 UK Flash Mfg, Serv, Comp PMIs
1345 US Markit Serv, Comp Final PMIs