The Tanzania Mining Commission has released the latest indicative mineral prices for June 15, 2026, showing continued strength in global and local markets for gold, silver, and copper.
Gold remains the leading mineral in both value and export importance, with the world market price standing at 4,235.30 US dollars per troy ounce, which translates to 358,639.16 Tanzanian shillings per gram.
In the local system used for mineral trading, the mineral market price for gold has been set at 322,775.24 shillings per gram, while the buying centre price stands at 315,602.46 shillings per gram.
The Commission’s figures indicate that although international prices remain high, there is a structured adjustment within the local trading system that reflects operational costs and regulatory deductions along the value chain before minerals reach buying centres.
Silver has also recorded stable performance in the global market, with the world price reaching 68.16 US dollars per troy ounce, equivalent to 5,771.69 shillings per gram.
Locally, the mineral market price has been set at 5,194.52 shillings per gram, while buying centres are purchasing the mineral at 5,079.09 shillings per gram.
Copper, which is increasingly gaining importance in global industrial and energy markets, especially in renewable technologies, is priced at 6.34 US dollars per pound on the world market. In Tanzanian currency, this is equivalent to 36.81 shillings per gram.
The mineral market price has been set at 33.13 shillings per gram, while the buying centre price stands at 32.40 shillings per gram.
The Mining Commission issues these indicative prices regularly to guide mineral transactions across the country and to ensure transparency and fairness in the mineral trade.
The rates serve as a benchmark for miners, traders, and buying centres when conducting daily transactions.
The latest data reflects ongoing strength in gold markets globally, which continues to support Tanzania’s mining sector as one of the key drivers of foreign exchange earnings.
Silver and copper also maintain steady demand, with copper in particular benefiting from rising global industrial demand.
Mining remains a central pillar of Tanzania’s economy, contributing significantly to export revenues, government income, and employment opportunities across different regions where mineral resources are extracted.
