* Dollar hits near one-week high
* Equities hit by halted vaccine trials, stimulus talks impasse
* Interactive graphic tracking global spread of coronavirus: https://graphics.reuters.com/world-coronavirus-tracker-and-maps/ (Updates prices)
By Brijesh Patel
Oct 14 (Reuters) - Gold prices rose on Wednesday after the last session's sharp drop spurred demand for the safe-haven metal from investors worried about global economic recovery and uncertainty surrounding next month's U.S. presidential election.
Spot gold XAU= was up 0.4% to $1,899.11 per ounce by 1150 GMT, after shedding as much as 1.9% on Tuesday in reaction to the dollar's jump.
U.S. gold futures GCv1 rose 0.5% to $1,903.60.
"We're seeing some price recovery as lower prices generated buying interest by investors since the general backdrop of gold is still positive," said Commerzbank (DE:CBKG) analyst Carsten Fritsch.
"Low interest rates, expansion of monetary policy, ballooning public debt, uncertainty regarding U.S. elections; all these factors are supportive for gold prices," he added.
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.
But investors who trim risk assets also tend to shift into the dollar and fading hopes for a new coronavirus relief package in the United States and a pause in key COVID-19 vaccine trials boosted the U.S. currency's appeal, limiting gold's advance. MKTS/GLOB
The dollar .DXY hit a near one-week high against major currencies. USD/
"In the near term, the dollar could continue to rise both because of risk aversion because stimulus seems to be stuck and also because of (company) earnings forward guidance," said DailyFx currency strategist Ilya Spivak.
Investors also kept an eye on the U.S. presidential campaign, with polls showing Democrat rival Joe Biden leading the race. the technical side, "bullion will need to break through $1,920 to have the chance to once again challenge the psychological threshold of $2,000," ActivTrades chief analyst Carlo Alberto De Casa said in a note.
Elsewhere, silver XAG= rose 0.1% to $24.20 per ounce, platinum XPT= gained 0.4% to $868.35 and palladium XPD= climbed 1.5% to $2,349.43.