PRECIOUS-Gold holds tight range on caution over U.S. aid

* Gold could test $1,932/oz if stimulus is passed- analyst
* Interactive graphic tracking global spread of coronavirus:
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https://tmsnrt.rs/3aIRuz7 in an external browser

(Updates prices)
By Eileen Soreng
Oct 20 (Reuters) - Gold traded on Tuesday in a narrow range
above $1,900 an ounce as caution spread ahead of a deadline for
agreement on a new U.S. coronavirus stimulus package and next
month's presidential election.
Spot gold XAU= fell 0.2% to $1,900.71 per ounce by 0757
GMT. U.S. gold futures GCv1 were down 0.4% to $1,903.30.
"Sentiment surrounding bullion remains tentative, keeping
spot gold around the $1,900-mark, as some...continue to hold out
hope that Democrats and the White House can arrive at a deal
over the immediate term," said FXTM market analyst Han Tan.
"Bullion may continue moderating as such hopes wane, when
realisation sinks in that a fresh round of U.S. fiscal stimulus
is likelier to be a post-election event."
U.S. House of Representatives Speaker Nancy Pelosi and
Treasury Secretary Steve Mnuchin "continued to narrow their
differences" about the package, her spokesman Drew Hammill said.
Pelosi hopes that by the end of Tuesday there will be
"clarity" on whether a stimulus bill can be passed before the
Nov. 3 election, he wrote on Twitter.
Gold is considered a hedge against inflation and currency
debasement amid the unprecedented levels of global stimulus to
ease the economic blow from the pandemic.
"A lot of investors are on the sidelines and also in
particular because the (U.S.) elections are coming up," said
Brian Lan, managing director at GoldSilver Central, adding that
a stimulus would make bullion prices test the higher end of the
$1,882-$1,932 range.
Investors are now waiting for the final debate between U.S.
President Donald Trump and his Democratic challenger Joe Biden
on Thursday.
The dollar index .DXY was flat versus rivals, while Asian
stocks slipped as investors adjusted risk exposure heading into
the election. USD/ MKTS/GLOB
Elsewhere, silver XAG= fell 0.5% to $24.37 per ounce and
platinum XPT= dipped 0.4% to $852.81, while palladium XPD=
rose 0.2% to $2,348.83.