Sept 30 (Reuters) - Gold edged lower in early Asian trade on Wednesday with cautious investors awaiting key takeaways from the first U.S. presidential debate, while optimism over hopes of a U.S. coronavirus aid deal limited losses.
FUNDAMENTALS
* Spot gold XAU= was down 0.1% at $1,896.03 per ounce by 0034 GMT, having earlier hit a one-week high of $1,899.12.
* U.S. gold futures GCv1 were down 0.1% at $1,889.70.
* The dollar index .DXY was down 0.1% against rivals. USD/
* U.S. President Donald Trump and Democratic candidate Joe Biden will begin shortly their first presidential debate.
* U.S. House Speaker Nancy Pelosi said on Tuesday she hoped to have a coronavirus aid deal with the White House this week, after speaking with Treasury Secretary Steve Mnuchin. The U.S. recovery from the coronavirus-linked recession has been more robust than expected, New York Federal Reserve President John Williams (NYSE:WMB) said on Tuesday, though he added it could be about three years before the economy regains its full strength. Britain's House of Commons approved a legislation on Tuesday that gives ministers the power to break its divorce deal with the European Union, despite the threat of legal action from Brussels and unrest within the governing Conservative Party. The global coronavirus death toll surpassed a million on Tuesday, according to a Reuters tally. Silver XAG= rose 0.2% to $24.22 per ounce, platinum XPT= fell 0.1%, to $883.25 and palladium XPD= gained 0.5% to $2,319.59.
DATA/EVENTS (GMT)
0100 China
NBS Manufacturing PMI
Sept
0145 China
Caixin Mfg PMI Final
Sept
0600 UK
GDP QQ, YY
Q2
0600 UK
Nationwide House Price MM, YY Sept
0645 France
CPI (EU Norm) Prelim YY
Sept
0855 Germany
Unemployment Chg, Rate SA
Sept
1230 US
GDP Final
Q2