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The Mining Commission has released the latest mineral indicative prices, showing a significant rise in gold values in both global and local markets, reflecting continued strong demand and market dynamics as of April 10, 2026.
According to the official update, the world market price of gold reached 4,781.70 US dollars per troy ounce, translating to approximately 401,094.90 Tanzanian shillings per gram.
This marks a notable increase compared to previous trends, positioning gold as one of the most valuable minerals in the current market.
At the domestic level, the mineral market price for gold stood at 360,985.41 shillings per gram, while the buying centre price was slightly lower at 352,963.51 shillings per gram.
The difference reflects operational costs and margins within the local mineral trading system.
Silver prices were also highlighted in the report, with the global price recorded at 75.75 US dollars per troy ounce. Locally, this translates to 6,354 shillings per gram, while the mineral market price was set at 5,718.60 shillings per gram.
Buying centres are offering 5,591.52 shillings per gram, indicating stable but comparatively lower returns than gold.
Meanwhile, copper prices showed moderate performance in the global market, trading at 5.76 US dollars per pound.
In Tanzania, this equals 33.13 shillings per gram, with the mineral market price at 29.82 shillings per gram and buying centres offering 29.16 shillings per gram.
The latest figures underscore the continued importance of the mining sector to Tanzania’s economy, particularly gold, which remains a key export commodity.
The updated prices are expected to guide miners, traders, and investors in making informed decisions while promoting transparency in the mineral trade.
The Mining Commission regularly publishes indicative prices to ensure fair trade practices and align local mineral markets with global trends, supporting the government’s broader goal of maximizing benefits from the country’s natural resources.
