The Mining Commission has released the latest mineral indicative prices for gold and silver, reflecting continued strength in global precious metals markets and providing key guidance to miners, traders and investors across the country.
According to the prices issued on February 9, 2026, gold remained strong on the international market, with the world market price standing at USD 4,983 per troy ounce.
This translates to TZS 411,088.09 per gram based on the prevailing exchange rate. In the domestic market, the mineral market price for gold was set at TZS 369,979.28 per gram, while the buying centre price was established at TZS 361,757.52 per gram.
The Mining Commission said the prices are aimed at promoting transparency and fairness in mineral trading, particularly for small-scale miners.
Silver also recorded firm prices during the same period, supported by stable global demand. The world market price for silver was quoted at USD 77.94 per troy ounce, equivalent to TZS 6,429.90 per gram.
Locally, the mineral market price for silver was set at TZS 5,786.91 per gram, while the buying centre price stood at TZS 5,658.31 per gram. These prices provide a clear reference point for market transactions across the country.
The Mining Commission noted that mineral indicative prices are reviewed regularly in line with global market trends and exchange rate movements.
It encouraged miners and mineral traders to rely on official price updates issued through its platforms to ensure compliance with regulations and to obtain fair value for their minerals.
The Commission added that the regular publication of indicative prices forms part of the government’s broader efforts to strengthen the mining sector, improve transparency and support sustainable growth of mineral trade in Tanzania.