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Home»Finance»Silver opens higher on Treasury’s news of increased debt buybacks
Finance

Silver opens higher on Treasury’s news of increased debt buybacks

August 21, 2026No Comments2 Mins Read
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Prices crest $62 following soft June employment report
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Silver (SI=F) September futures opened at $67.08 per ounce on Thursday, August 20, 2026, up 1.9% from Wednesday’s closing price. The silver price moved lower this morning, reaching $66.81 as of 9:04 a.m. ET.

The silver price opened higher Thursday morning after long-term Treasury yields declined on Wednesday. The decline followed a U.S. Treasury announcement that it would double buybacks of long-term bonds over the next few months. The doubling of repurchases, to $4 billion or more per operation, is not significant in a market worth $32 trillion according to analysts. Its effect on the long-term borrowing costs will likely be short term.

The quick decline in yields did benefit silver, however. The metal briefly rose above $67 for the first time since June before moderating.

Current price of silver

The opening price of silver futures on Thursday, August 20, 2026, was 1.9% higher compared to Wednesday’s closing price. Here’s how today’s opening silver price has changed versus last week, month, and year: 

  • One week ago: +5%

  • One month ago: +20.5%

  • One year ago: +77.7%

For context, silver’s year-over-year growth was 173.3% on May 14.

24/7 silver price tracking: Don’t forget you can monitor the current price of silver on Yahoo Finance 24 hours a day, seven days a week.

Want to learn more about the current top-performing companies in the silver industry? Explore a list of the top-performing companies in the silver industry using the Yahoo Finance Screener. You can create your own screeners with over 150 different screening criteria.

See also  US yield curve inversions deepen as Fed signals higher rates

Looking for a gold alternative? How to invest in silver, platinum, and palladium.

Precious metals are in high demand. Although gold has historically been the headlining investment metal, silver, platinum, and palladium are quickly becoming popular portfolio diversifiers. Here are three easy, action-oriented steps to help you start investing in these precious metals:

1. Learn the risks, growth drivers, and purposes

2. Understand the ownership options

3. Define your goal and allocation

Keep reading to learn more: How to invest in silver, platinum, and palladium

Price of silver chart

Whether you’re tracking the price of silver since last month or last year, the price-of-silver chart below shows the precious metal’s value journey so far this year. 

More silver coverage from the Yahoo Finance team: 

Buybacks debt higher increased News opens silver Treasurys
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