* Dollar slips to one-week low
* Stimulus hopes lift risk sentiment
* Interactive graphic tracking global spread of coronavirus:open
* in an external browser (Updates prices)By Brijesh PatelOct 21 (Reuters) - Gold prices rose to a one-week high onWednesday as the dollar weakened on renewed hopes for a new U.S.stimulus package ahead of the Nov. 3 election.Spot gold was up 0.6% at $1,917.57 per ounce by 1212GMT, after touching its highest since Oct. 13. U.S. gold futures rose 0.3% to $1,920.90 per ounce."There seems to be increasing hope that a stimulus deal canget through Congress before election day...This is broadlykeeping risk appetite supported in the U.S., dragging on thedollar and lifting gold prices," OANDA analyst Craig Erlam said.The dollar index fell to a one-month low against itsrivals, making gold less expensive for holders of othercurrencies. The White House and Democrats in the U.S. Congress movedcloser to agreement on Tuesday as President Donald Trump said hewas willing to accept a large aid bill despite opposition fromhis Republican Party. The comments from Trump also lifted equities. Gold, considered a hedge against inflation, currencydebasement and uncertainty, has gained more than 26% this year,driven mainly by unprecedented levels of global stimulus tocushion economies from the coronavirus-induced slump."There however appears no definite clarity on the continuedshifting of positions on the stimulus relief bill whichshorter-term traders can price into the precious metals market,"Phillip Futures analysts said in a note."Long term investors have shifted focus on what the Novemberelection outcome means for stimulus later, with a Democratvictory seen boosting gold's sentiment with a very largestimulus package."Elsewhere, silver rose 1.3% to $24.97 per ounce,platinum gained 0.9% to $878.93 and palladium eased 0.2% to $2,395.22.
(Reporting by Brijesh Patel in Bengaluru; Editing by LouiseHeavens/Mark Heinrich)