Gold prices in Tanzania have continued to rise following a surge in the global market, with the latest indicative prices released by the Mining Commission showing that the buying centre price has reached TZS345,490.71 per gram as of April 3, 2026.
According to the commission, the global market price of gold currently stands at TZS392,603.07 per gram, reflecting a continued upward trend in the international commodities market.
The commission’s data indicates that the mineral market price in Tanzania has been set at TZS353,342.77 per gram, while the official buying centre price—used by authorised mineral trading centres across the country—stands at TZS345,490.71 per gram.
The increase mirrors the strong performance of gold in global markets, where the precious metal is widely regarded as a safe investment during periods of economic uncertainty and financial volatility.
The Mining Commission releases daily indicative prices of minerals to guide miners, traders and buyers in conducting transparent and fair mineral transactions across the country.
The latest update also shows movements in the prices of other minerals including silver and copper.
For silver, the global market price is currently TZS6,101.21 per gram, while the mineral market price has been set at TZS5,491.09 per gram and the buying centre price at TZS5,369.06 per gram.
Meanwhile, copper prices remain relatively stable. The global market price stands at TZS31.97 per gram, with the mineral market price in Tanzania set at TZS28.77 per gram and the buying centre price at TZS28.13 per gram.
The publication of mineral prices forms part of the government’s ongoing efforts to strengthen transparency and efficiency in the mining sector, particularly for small-scale miners.
Gold remains Tanzania’s leading mineral export and a major source of foreign exchange earnings. Authorities say the continued rise in global prices is expected to increase miners’ incomes, boost government revenues and further strengthen the country’s mining industry.
