By Kate Gibson
NEW YORK (MarketWatch) -- Gold gained more than 1% Wednesday as a rise in U.S. stock futures prompted short-term speculative interest in the metal and other commodities. "The market has still got reservations over the euro-area outlook and will maintain its interest in safe-haven products like gold until there are more concrete signs that it has weathered the problems with spiraling deficits," said analysts at Action Economics. Gold futures for June delivery were up $14.40, or 1.2%, at $1,212.40 an ounce on the Comex division of the New York Mercantile Exchange.
