Gold is moderately expensive Tuesday morning, trading just above $1,885 per troy ounce, trading data shows.

The price of April gold futures on the New York Comex Exchange rose $7.25, or 0.39%, to $1,886.75 a troy ounce. March silver futures were up 0.5 percent to $22.348 an ounce.

The dollar index (exchange rate against a basket of currencies of the six U.S. trading partners) was down 0.11% to 103.51 points.