Silver September futures opened at $67.08 per ounce on Thursday, August 20, 2026, a gain of 1.9% from Wednesday's closing price. The metal moved lower through the early session and reached $66.81 as of 9:04 a.m. ET.
The opening move followed a decline in long-term Treasury yields on Wednesday. That decline came after the U.S. Treasury said it would double buybacks of long-term bonds over the next few months. Repurchases are set to rise to $4 billion or more per operation. Analysts cited in the report described that figure as modest relative to a market worth $32 trillion, and they expect the effect on long-term borrowing costs to prove short term.
Yields fell quickly enough to support the metal. Silver briefly traded above $67 for the first time since June before moderating.
Longer comparisons show the scale of the advance. The Thursday opening price sat 5% above the level one week earlier, 20.5% above the level one month earlier, and 77.7% above the level one year earlier. Year-over-year growth reached 173.3% on May 14, a considerably steeper annual reading than the current figure.
Silver functions as an industrial input and an investment holding, so shifts in Treasury yields register quickly in the futures market. Lower yields reduce the opportunity cost of holding metals that generate no income, which tends to draw buyers into bullion and futures positions.
Interest in precious metals has broadened during 2026. Platinum and palladium have drawn attention alongside silver as portfolio diversifiers, according to the report.
Source: Yahoo Finance - https://finance.yahoo.com/personal-finance/investing/article/silver-prices-today-thursday-august-20-2026-silver-opens-higher-on-treasurys-news-of-increased-debt-buybacks-153635987.html