CHICAGO, July 3 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange rose slightly on Monday as traders entered and exited positions ahead of the U.S. Independence Day holiday.

The most active gold contract for August delivery rose 0.10 U.S. dollars, or 0.01 percent, to close at 1,929.50 dollars per ounce.

The floor market trading will be closed Tuesday for the U.S. Independence Day.

Expectations that the Federal Reserve may have two more interest-rate hikes later this year will keep pushing up the U.S. dollar and treasury yields, thus dampening gold, market analysts hold.

Economic data released Monday were mixed. The Institute for Supply Management's manufacturing purchasing managers' index (PMI) for June came in at 46 percent, down from 46.9 percent in May. This was well below the median forecast of economists.

The seasonally adjusted S&P Global U.S. Manufacturing Purchasing Managers' Index posted 46.3 in June, down from 48.4 in May. The index signaled the steepest decline in operating conditions in 2023 so far.

The U.S. Commerce Department reported that U.S. spending on construction projects rose 0.9 percent in May to 1.93 trillion dollars.

Silver for September delivery rose 9.20 cents, or 0.40 percent, to close at 23.112 dollars per ounce. Platinum for October delivery rose 2.80 dollars, or 0.31 percent, to close at 916 dollars per ounce.