The Euro (EUR) records mild losses against the US Dollar (USD) for the second consecutive day on Friday. The EUR/USD pair trades at 1,1430 after being capped at 1.1480 earlier this week, extending the sideways trend, as geopolitical tensions and higher oil prices keep Euro rallies subdued. Hostilities in Iran escalated this week, with the

Oil prices are on track for a weekly gain of more than 13% as escalating tensions between the United States and Iran revived concerns over potential disruptions to crude supplies through the Strait of Hormuz. International benchmark Brent crude traded at $86.38 per barrel at 3.58 p.m. local time (1258 GMT), up 13.6% from last

Silver prices (XAG/USD) fell on Friday, according to FXStreet data. Silver trades at $55.44 per troy ounce, down 0.17% from the $55.53 it cost on Thursday. Silver prices have decreased by 22.01% since the beginning of the year. The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of

Latest escalation between the United States and Iran is producing a more complicated reaction, gold is no longer trading only on fear. It is also trading on what higher oil prices could mean for inflation, interest rates and bond yields. Right now, those forces are pulling the market in opposite directions. Gold ETF trading hits