 "Gold futures up by 0.9% on positive global cues")
Gold regained Rs 30,000-mark by surging Rs 258 to Rs 30,008 per 10 grams in futures trading today as speculators widened their bets amid a firming trend overseas.
At the Multi Commodity Exchange, gold for delivery in far-month June spurted Rs 258, or 0.87%, to Rs 30,008 per 10 grams, in a business turnover of 40 lots.
Similarly, the yellow metal for delivery in April traded higher by Rs 277, or 0.94%, to Rs 29,790 per 10 grams in 888 lots.
Analysts said a firming trend in the global markets as data showed Chinese manufacturing contracted for a record seventh month, boosting demand for a safe-haven, influenced gold futures.
Globally, gold rose 0.7% to $1,247.78 an ounce in Singapore.
The precious metal had climbed 11% in February, the biggest monthly increase since January 2012.
