Silver price forecast 2028 traders highlight silver price forecast

Traders highlight silver price forecast 2028 as a possible breakout year, with key resistance at $40 on weekly charts. If geopolitical uncertainties persist in resource-rich regions, flight-to-safety buying could accelerate momentum toward multi-year highs. The most important thing about Barrick Gold in the second quarter of 2025 is its strong financial position. The company reported cash and cash equivalents amounting to $4.802 billion, while total debt was $4.729 billion. This resulted in a modest net cash position of $73 million. Compared to the previous quarter, this reflects a significant improvement, demonstrating Barrick's disciplined approach to managing its balance sheet. It again fell below $10 an ounce before rising to an average price of $14.99 in 2008 as investors sought shelter and bought up precious metals during the global banking collapse. Silver price forecast 2028 could be buoyed by rising trade tensions, increasing hedge demand from multinational manufacturers securing supply. This corporate hedging factor adds stability to demand even during cyclical downturns.