.jpeg)
The Mining Commission has released mineral indicative prices for April 16, 2026, showing updated global and local market values for gold, silver, and copper used in Tanzania’s mining sector.
According to the statement, the prices reflect world market trends as well as domestic buying centre rates that guide mineral trade and valuation across the country.
For gold, the world market price has been set at 4,840.60 US dollars per ounce (USD/toz). In Tanzanian shillings, the world market price stands at 406,802.76 per gram (TZS/g).
The mineral market price has been recorded at 366,122.48 TZS per gram, while the buying centre price is 357,986.43 TZS per gram.
These figures are used as reference points for transactions between miners, traders, and official buying centres.
Silver prices have also been updated, with the world market price reaching 80.62 US dollars per ounce. In local currency, the world market price is 6,775.28 TZS per gram.
The mineral market price is 6,097.76 TZS per gram, while the buying centre price is 5,962.25 TZS per gram. The figures indicate continued movement in global precious metals markets, which directly influence local trading activities.
For copper, the world market price is 6.07 US dollars per pound (USD/lb). In Tanzanian shillings, the world market price is 34.98 TZS per gram.
The mineral market price stands at 31.48 TZS per gram, while the buying centre price is 30.78 TZS per gram.
Copper remains one of the key industrial minerals with demand driven by manufacturing and construction sectors.
The Mining Commission, which regulates and supervises mineral trading activities in Tanzania, said the indicative prices are meant to provide transparency and ensure fair valuation in the mineral supply chain.
The Commission emphasized that miners and traders are expected to use the official prices as a guide in all transactions to avoid disputes and ensure compliance with national mining regulations.
These prices are reviewed regularly to reflect changes in global commodity markets and to support stability in the country’s mining industry.
