The Mining Commission has released the latest indicative mineral prices for January 12, 2026, reflecting movements in the global commodities market and their translation into local buying rates in Tanzania.
According to the official figures, gold continues to command strong value on the world market, with the price exceeding 4,500 US dollars per troy ounce.
The world market price of gold stands at USD 4,525.80 per troy ounce, equivalent to TZS 359,462.32 per gram. At the domestic level, the mineral market price has been set at TZS 323,516.09 per gram, while authorised buying centres are offering TZS 316,326.84 per gram.
The Commission notes that the difference between world market prices and local buying rates takes into account processing costs, regulatory requirements and market dynamics within the country.
Silver prices have also been published to guide traders and stakeholders in the mining sector. On the global market, silver is priced at USD 79.96 per troy ounce, translating to TZS 6,350.83 per gram.
The mineral market price in Tanzania is TZS 5,715.75 per gram, while the buying centre price stands at TZS 5,588.73 per gram.
The Mining Commission said the indicative prices are based on prevailing world market rates and are intended to promote transparency, fairness and efficiency in mineral trading across the country.
The prices serve as a reference for miners, buyers and regulators, particularly at authorised buying centres.
The Commission encouraged miners and traders to use official buying centres and to follow the published indicative prices to ensure compliance with national mining regulations and to secure fair value for their minerals.