By Barbara Kollmeyer
MADRID (MarketWatch) -- Gold for August delivery GCQ2 -0.17% rose 30 cents to $1,613.80 an ounce on Wednesday, trading mostly steady as the euro also stuck to a level of $1.25 EURUSD +0.20% against the dollar. Gold has tallied a three-session gain of 1.6% on sharp falls in Spanish and Italian bonds, and potential contagion of financial issues in the euro zone. Silver for July delivery SIN2 -0.46% fell 6 cents to $28.89 an ounce.