The Mining Commission has released the latest mineral indicative prices for April 30, 2026, providing updated benchmarks for gold, silver, and copper transactions in both the world market and domestic buying centres.
The announcement plays a key role in guiding mineral trade in Tanzania, ensuring transparency, fair valuation, and stability in the mining sector.
According to the Commission, the updated prices reflect global market movements and are used as reference points for miners, traders, and buying centres across the country.
The information is important for ensuring that small-scale and large-scale miners receive fair value for their minerals while also helping the government monitor and regulate mineral trade effectively.
For gold, the world market price has been set at USD 4,576.40 per ounce. In local currency terms, the world market price stands at TZS 384,746.59 per gram.
The mineral market price has been set at TZS 346,271.93 per gram, while the buying centre price is TZS 338,577.00 per gram.
These figures provide a clear reference for gold transactions across mining areas and official buying centres.
For silver, the world market price has been announced at USD 72.77 per ounce. In Tanzanian shillings, the world market price is TZS 6,117.91 per gram.
The mineral market price is TZS 5,506.12 per gram, while the buying centre price stands at TZS 5,383.76 per gram.
The prices are expected to guide silver trade activities and ensure consistency in pricing across the value chain.
For copper, the world market price has been set at USD 5.89 per pound. In local measurement, the world market price is TZS 33.96 per gram.
The mineral market price is TZS 30.56 per gram, while the buying centre price is TZS 29.88 per gram. These rates provide a stable reference for copper trading and support planning for both miners and investors.
The Mining Commission continues to play a central role in regulating the mining sector by publishing indicative prices that reflect global market trends.
The updates are aimed at protecting miners from exploitation, promoting transparency, and strengthening government revenue collection from mineral resources.
Mining stakeholders are encouraged to follow the official prices when conducting transactions at buying centres to ensure compliance and fair trade practices.
The Commission has also urged miners and traders to regularly check updates as mineral prices fluctuate based on global market dynamics.
Overall, the April 30, 2026 indicative prices highlight ongoing efforts to strengthen Tanzania’s mining sector and ensure that mineral wealth contributes effectively to national economic growth.
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