The price of gold rises Thursday morning, securing above $1,790 per troy ounce, trading data shows. Quotes are supported by a weaker dollar and expectations of a slowdown in the Fed's rate hike.

The price of February gold futures on the New York Comex Exchange rose by $33.15, or 1.88%, to $1,793.05 per troy ounce. March silver futures rose 3.44% to $22.53 per ounce.