Step 1: Analyzing the gradient.
The given expression for the gradient of the tangent involves both \( x \) and \( y \). Using the relationship \( \frac{dy}{dx} = \frac{1}{x} \), we integrate the equation to find the equation of the curve.
Step 2: Conclusion.
The equation of the curve is \( y = \cot(\log x) \), corresponding to option (1).