The Mining Commission has released the latest mineral indicative prices for gold and silver, effective January 3, 2026, providing guidance to miners, traders, and buying centres across the country.
According to the official prices, gold continued to trade strongly on the international market, reflecting sustained global demand.
The world market price of gold was set at USD 4,402.35 per troy ounce, equivalent to TZS 348,765.59 per gram.
Based on domestic market conditions, the mineral market price for gold stood at TZS 313,889.03 per gram, while the official buying centre price was fixed at TZS 306,913.72 per gram.
The Commission noted that the indicative prices are used to guide transactions at licensed buying centres and ensure transparency and fairness in mineral trading, particularly for small-scale miners.
Silver prices also recorded notable levels during the same period. The world market price of silver was announced at USD 74.22 per troy ounce, translating to TZS 5,879.90 per gram.
Locally, the mineral market price for silver was set at TZS 5,291.91 per gram, with buying centres expected to purchase the mineral at TZS 5,174.31 per gram.
The Mining Commission regularly publishes indicative prices to align domestic mineral trade with global market trends while safeguarding the interests of miners and the government.
Stakeholders are encouraged to follow the published prices and conduct all transactions through licensed channels.
The Commission emphasized that adherence to the indicative prices supports orderly mineral trade, improves revenue collection, and strengthens Tanzania’s mining sector.