The Mining Commission has released the daily indicative prices for gold and silver in Tanzania as of January 15, 2026, offering both global and local market benchmarks. These prices serve as an essential guide for miners, traders, and investors operating in the country’s mineral sector.
Gold remains a highly valuable commodity, with the world market price currently at 4,643.67 USD per troy ounce, equivalent to 368,922.70 Tanzanian Shillings (TZS) per gram.
Within local trading networks, the mineral market price is slightly lower at 332,030.43 TZS per gram, while the Buying Centre Price the rate paid to miners stands at 324,651.98 TZS per gram.
This difference between global and local rates reflects costs associated with refining, transportation, and other operational expenses, with the Buying Centre Price representing approximately 88% of the global benchmark.
Silver, though priced lower than gold, continues to attract significant attention among investors and small-scale miners.
The global market price for silver is 91 USD per troy ounce, translating to 7,229.62 TZS per gram. Locally, the mineral market price is 6,506.66 TZS per gram, while the Buying Centre Price is 6,362.06 TZS per gram, similarly representing around 88% of the world market price.
These daily rates highlight the ongoing relationship between global commodities markets and Tanzania’s local trading framework.
Understanding the pricing tiers allows miners and traders to make informed decisions about selling, refining, or storing their minerals.
As gold continues to trade above 4,600 USD per troy ounce, and silver maintains stability in local markets, experts recommend closely monitoring global price movements, which directly influence local earnings for Tanzanian miners.
The Mining Commission emphasizes that these indicative prices are essential references for mineral transactions and serve to protect both miners and investors from market fluctuations.