Oct 6 (Reuters) - Gold prices were steady on Tuesday, having
hit a near-two week high in the previous session, as a softer
dollar countered pressure from an upbeat risk sentiment.
FUNDAMENTALS
* Spot gold XAU= traded at $1,912.49 per ounce by 0108
GMT. Prices hit $1,918.36 on Monday, a peak since Sept. 22.
* U.S. gold futures GCv1 were little changed at $1,919.30.
* U.S. President Donald Trump returned to the White House on
Monday after a three-night hospital stay where he was being
treated for COVID-19. * Asia's stock markets edged higher on Trump's health update
and prospects of a U.S. stimulus package, while the dollar index
.DXY dipped 0.1% against rivals. MKTS/GLOB USD/
* U.S. House Speaker Nancy Pelosi and Treasury Secretary
Steven Mnuchin spoke on the coronavirus economic relief and were
preparing to talk again Tuesday, continuing their work towards a
deal on legislation. * Chicago Federal Reserve Bank President Charles Evans said
on Monday he expects U.S. inflation to reach 2% by 2023 and
wants to push it to 2.5% to offset years of below-target price
rises. * The euro zone's economic recovery faltered in September,
with growing evidence that sectors and countries in the bloc are
diverging as a resurgence of the novel coronavirus forces the
reimposition of restrictions on activity. * Silver XAG= rose 0.1% to $24.37 per ounce, platinum
XPT= inched 0.1% higher to $897.99, while palladium XPD=
dipped 0.2% to $2,356.85.
DATA/EVENTS (GMT)
0330 Australia RBA Cash Rate Oct
0500 India IHS Markit Svcs PMI Sept
0600 Germany Industrial Orders MM Aug
1230 US International Trade Aug