The Mining Commission of Tanzania has released the latest indicative prices for gold and silver, reflecting the current trends in both global and local markets as of March 10, 2026.
Gold continues to command strong value in both international and domestic markets. The world market price for gold is reported at USD 5,177.20 per troy ounce, which translates to TZS 428,767.07 per gram.
Within Tanzania, the mineral market price for gold stands at TZS 385,890.36 per gram, while the buying center price is slightly lower at TZS 377,315.02 per gram.
These prices indicate a steady market for gold and highlight its continued significance as a key contributor to the country’s mineral export revenue.
Silver, on the other hand, is trading at more modest levels compared to gold. The world market price of silver is USD 88.12 per troy ounce, equivalent to TZS 7,297.95 per gram.
The mineral market price within Tanzania is TZS 6,568.16 per gram, and the buying center price is TZS 6,422.20 per gram.
These figures show a stable silver market, offering opportunities for local miners and investors to engage profitably in the sector.
The Mining Commission emphasized that these indicative prices are intended to guide stakeholders, including miners, traders, and investors, ensuring transparency and fairness in mineral transactions across the country.
For more information, the Mining Commission maintains updated price listings on its official portal at www.tumemadini.go.tz and on social media platforms.
