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GOLD PRICES FORECAST:Gold prices retreat as Treasury yields charge higher following solid U.S. payrolls dataThe U.S. economy added 339,000 jobs in May, topping estimates by a wide marginThe strong and resilient labor market could nudge…

EQUITY MARKET OUTLOOK:The S&P 500 and Nasdaq 100 trade modestly lower in the wake of the strong U.S. inflation and retail sales dataThe recent jump in Treasury yields is a headwind for stocks, but the reduced probability of a hard…