Gold and silver prices have recorded notable increases following the release of new mineral indicative prices by the Mining Commission, reflecting continued strength in global precious metals markets.
According to the Commission’s latest update issued on February 11, 2026, the world market price of gold stood at USD 5,073.30 per troy ounce, equivalent to TZS 419,610.93 per gram.
At the domestic level, the mineral market price was set at TZS 377,649.84 per gram, while the buying centre price reached TZS 369,257.62 per gram.
The updated prices are expected to influence transactions involving artisanal and small-scale miners, licensed dealers, and mineral buying centres across the country, as they guide daily trading activities in the gold market.
Silver prices also registered an increase during the same period. The Mining Commission indicated that the world market price of silver was USD 82.79 per troy ounce, translating to TZS 6,847.53 per gram.
Locally, the mineral market price was pegged at TZS 6,162.78 per gram, while the buying centre price was set at TZS 6,025.83 per gram.
The indicative prices are issued regularly to promote transparency in the minerals trade and to ensure fair pricing for miners and buyers in line with movements in the global market.
The Mining Commission has urged all stakeholders in the mining sector to comply with the published indicative prices, noting that the initiative supports ongoing efforts to formalise mineral trading and safeguard the interests of local miners.