The Mining Commission of Tanzania has released the indicative mineral prices for March 31, 2026, showing notable trends in gold, silver, and copper prices on both the world and local markets.
Gold continues to dominate the market with a world price of USD 4,592.81 per troy ounce, equivalent to TZS 383,096.18 per gram.
Locally, the mineral market price stands at TZS 344,786.57 per gram, while buying centres across the country offer TZS 337,124.64 per gram to miners and traders.
Silver remains considerably lower, with a world market value of USD 71.87 per troy ounce or TZS 5,994.83 per gram.
In Tanzania, the mineral market price is TZS 5,395.35 per gram, while buying centres offer TZS 5,275.45 per gram.
Copper, traded per gram from international benchmarks, shows a world market price of USD 5.51 per pound, equivalent to TZS 31.52 per gram.
The local mineral market price is TZS 28.36 per gram, with buying centres offering TZS 27.73 per gram.
These prices serve as a guide for miners, traders, and investors, helping them understand current market trends and make informed decisions.
The Mining Commission continues to monitor global mineral markets closely to ensure that Tanzania’s mining sector remains competitive and profitable.
For more information, the Mining Commission provides updates on its official website at www.tumemadini.go.tz and through its social media channels.
