Mineral indicative prices for June 12, 2026

The Mining Commission of Tanzania has released the indicative market prices for gold, silver, and copper effective June 12, 2026, providing updated benchmarks aimed at guiding traders, mineral buying centres, and small-scale miners across the country to ensure transparency, fair trading, and proper revenue collection within the mining sector.

According to the Commission, the updated prices reflect ongoing movements in the global commodities market, which continue to influence domestic mineral valuation and local buying rates. 

Stakeholders are urged to closely follow the official daily price updates to avoid underpricing and to comply with government tax and royalty regulations.

For gold, which remains the leading contributor to Tanzania’s mineral export earnings, the world market price has been recorded at 4,210.80 US dollars per troy ounce, translating to 356,518.51 Tanzania shillings per gram. 

The mineral market price stands at 320,866.66 shillings per gram, while the official buying centre price has been set at 313,736.29 shillings per gram.

In the silver category, the world market price is 67.20 US dollars per troy ounce, equivalent to 5,689.67 shillings per gram. 

The mineral market price has been set at 5,120.70 shillings per gram, while buying centres will operate at 5,006.91 shillings per gram.

For copper, an important base metal used widely in industrial and electrical applications, the global price is 6.34 US dollars per pound, which converts to 36.81 shillings per gram in the local market. 

The mineral market price is 33.13 shillings per gram, while the buying centre price has been fixed at 32.39 shillings per gram.

The Mining Commission of Tanzania has emphasized that the buying centre price represents the official indicative value that miners should expect when selling at government-regulated centres nationwide. 

The Commission further noted that the continuous publication of daily indicative prices is part of broader efforts to strengthen accountability, improve earnings for miners, and ensure that the country benefits fairly from its mineral resources.