CHICAGO, June 16 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange rose on Tuesday on the uncertainty of economic recovery.

The most active gold contract for August delivery rose 9.3 U.S. dollars, or 0.54 percent, to close at 1,736.5 dollars per ounce.

U.S. Federal Reserve Chairman Jerome Powell testified before the U.S. Senate's banking committee on Tuesday, saying "significant uncertainty remains about the timing and strength of the recovery."

Nevertheless, upbeat U.S. economic data released on Tuesday limited gold's rise. A report released by the U.S. Commerce Department showed retail sales increased by 17.7 percent in May, much better than expected. Analysts attribute the improvement to the loosening of stay-at-home orders.

A report released on Tuesday by the U.S. Federal Reserve said industrial production increased by 1.4 percent in May.

Rising stock market and a strong U.S. dollar further capped gold's rise.

Silver for July delivery rose 25.3 cents, or 1.45 percent, to close at 17.652 dollars per ounce. Platinum for July delivery rose 22.2 dollars, or 2.7 percent, to close at 843.9 dollars per ounce. Enditem

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