The delicate interplay between plasmonic excitations and interband transiti
ons in noble metals is described by means of ab initio calculations and a s
imple model in which the conduction electron plasmon is coupled to the cont
inuum of electron-hole pairs. Band-structure effects, especially the energy
at which the excitation of the d-like bands takes place, determine the exi
stence of a threshold plasmonic mode, which manifests itself in Ag as a sha
rp resonance experimentally observed at 3.8 eV. However, such a resonance d
oes not appear in the spectra of the other noble metals. Here this differen
t behavior is also analyzed, and an explanation is provided.