Oct 30 (Reuters) - Gold prices lingered near the one-month
low hit in the previous session on Friday, as the dollar
strengthened and hopes of an immediate U.S. coronavirus aid
package waned.
FUNDAMENTALS
* Spot gold XAU= was flat at $1,867.30 per ounce by 0108
GMT and was on track to post its worst week in over a month.
* U.S. gold futures GCv1 were down 0.1% at $1,866.20.
* The dollar index .DXY was steady near a one-month peak
touched on Thursday and is on track for it best week since late
September. USD/
* President Donald Trump's chief economic adviser said on
Thursday that any deal on coronavirus relief legislation would
have to wait for now. * The U.S. economy grew at a historic pace in the third
quarter as the government injected more than $3 trillion worth
of pandemic relief which fuelled consumer spending, but the
effects of the COVID-19 recession is likely to linger for
longer. * The European Central Bank committed on Thursday to take
new action in December to contain the growing fallout from a
second wave of coronavirus infections, likely in the form of
more bond purchases or cheap credit for banks. * The discount of Chinese gold to international prices is
expected to narrow in the fourth quarter as a recovery in the
investment and wedding sectors boosts demand, a World Gold
Council official said on Thursday. * Silver XAG= rose 0.3% to $23.35 per ounce. Platinum
XPT= was up 0.3% at $850.30 and palladium XPD= gained 0.4%
at $2,199.64.
DATA/EVENTS (GMT)
0700 UK Nationwide House Price MM, YY Oct
0900 Germany GDP Flash QQ SA, YY NSA Q3
1000 EU HICP Flash YY Oct
1000 EU HICP-X F&E Flash YY Oct
1000 EU GDP Flash Prelim YY, QQ Q3
1000 EU Unemployment Rate Sept
1230 US Consumption, Adjusted MM Sept
1400 US U Mich Sentiment Final Oct