.jpeg)
The Mining Commission of Tanzania has released indicative prices for key minerals, including gold, silver, and copper, reflecting both international market movements and local buying benchmarks for the date.
According to the statement issued on June 2, 2026, gold continues to dominate in value, with the global market price standing at USD 4,511.70 per ounce, equivalent to TZS 380,133.95 per gram.
In Tanzania’s mineral market, the indicative price for gold is TZS 342,120.56 per gram, while buying centres are offering approximately TZS 334,517.88 per gram.
For silver, the global market price has been set at USD 75.66 per ounce, translating to TZS 6,374.74 per gram.
Within the local mineral market, silver is priced at TZS 5,737.27 per gram, while buying centres are offering around TZS 5,609.78 per gram.
Copper, another key industrial metal, is priced at USD 6.55 per pound on the global market, equivalent to TZS 37.84 per gram.
In Tanzania’s mineral market, copper stands at TZS 34.06 per gram, with buying centres offering approximately TZS 33.30 per gram.
The data shows a consistent alignment between global market trends and domestic pricing structures, with gold maintaining a significantly higher value compared to silver and copper across all categories.
The Mining Commission regularly publishes indicative mineral prices to guide traders, miners, and buying centres in ensuring transparency and fair valuation within the sector.
