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The Government, through the Mining Commission, has released the indicative mineral prices for April 11, 2026, showing updated values for gold, silver, and copper in line with global market movements.
The new pricing framework continues to guide miners, traders, and official buying centres across the country, ensuring transparency and fairness in mineral transactions.
According to the latest data, gold remains the most valuable mineral in the market, followed by silver and copper.
The Commission’s update reflects both world market performance and local adjustments applied before minerals are purchased at designated buying centres.
The aim is to align domestic mineral trading with international standards while maintaining a structured and regulated system for small-scale miners.
The indicative prices show that gold is trading at 402,419.23 Tanzanian Shillings per gram on the world market, while the mineral market price stands at 362,177.31 TZS per gram and the buying centre price is 354,128.92 TZS per gram.
Silver is recorded at 6,357.28 TZS per gram on the world market, with a mineral market price of 5,721.55 TZS per gram and a buying centre price of 5,594.40 TZS per gram.
Copper, which continues to play an important role in industrial production, is priced at 33.72 TZS per gram on the world market, 30.35 TZS per gram at mineral market level, and 29.67 TZS per gram at buying centres.
On the global market, gold is trading at 4,795.65 US dollars per troy ounce, silver at 75.76 US dollars per troy ounce, and copper at 5.86 US dollars per pound.
These international benchmarks are key in determining local indicative prices, as Tanzania’s mining sector remains closely linked to global commodity movements.
The Mining Commission has noted that the difference between world market prices and buying centre prices reflects standard deductions within the mineral value chain, including handling, regulatory processes, and operational costs.
Despite these adjustments, small-scale miners are still able to retain a significant share of global value, estimated at around 88 percent across the three minerals.
Officials explain that the continued publication of daily indicative prices is part of efforts to strengthen transparency in the mining sector and reduce disputes between miners and buyers.
The system is also designed to protect small-scale miners from being exploited by informal traders who may offer prices below official standards.
In addition, the structured pricing system supports government efforts to formalize mineral trading and improve revenue collection from the mining sector.
By ensuring that minerals are sold through licensed buying centres, the government is able to enhance accountability and strengthen oversight in the value chain.
Industry observers note that gold continues to be the backbone of Tanzania’s mineral exports, driven by strong global demand and sustained investor interest.
Silver and copper are also gaining increased attention due to their rising industrial applications in manufacturing, electronics, and energy-related technologies.
The Mining Commission has reaffirmed its commitment to regularly updating indicative prices to reflect global market changes and ensure that miners receive fair and competitive returns for their production.
The system is expected to continue playing a central role in stabilizing the mineral market while supporting economic growth and development in mining communities across the country.
