The price of gold is rising Tuesday morning, according to trading data. The weakening U.S. currency is supporting the quotations of the precious metal, the markets are waiting for statistics on the U.S. economy.

The December gold futures price on the New York Comex rose by $12.35, or 0.71%, to $1,752.65 per troy ounce. December silver futures were up 2.01% to $21.335 an ounce.