* Global stocks jump on jobs data, strong Cisco results

* Prices of gold, oil retreat as US dollar firms

* Short Treasuries up on inflation outlook, bonds down (Updates with U.S. markets, changes byline, dateline)

By Walter Brandimarte

NEW YORK, Nov 5 (Reuters) - Global stocks jumped and the U.S. dollar firmed on Thursday after better-than-expected U.S. jobs data improved investor confidence about the global economy, causing gold prices to retreat from all time-highs.

The number of U.S. workers filing new claims for jobless insurance fell more than expected last week to a 10-month low, while productivity surged at a 9.5 percent annual rate, improving the outlook for both the economy and inflation.

The dollar's rebound put a damper on commodity prices in general, causing U.S. crude oil prices to drop as much as $1 per barrel.

Short-dated U.S. Treasury prices rose on the benign inflation outlook, which resonated with the U.S. Federal Reserve's pledge on the previous day to keep interest rates low for "an extended period."

Long-dated Treasury prices fell, however, on concerns about upcoming supply of bonds and increased investor appetite for risk.