.jpeg)
Tanzania’s mining sector continued to benefit from strong global commodity prices on June 16, 2026, with gold, silver and copper maintaining attractive market values, according to the latest indicative prices released by the Mining Commission.
The figures show that gold remained the highest-valued mineral, with the world market price reaching USD 4,370.77 per troy ounce.
Locally, the world market equivalent stood at TZS 370,357.89 per gram, while the mineral market price was TZS 333,322.10 per gram. Buying centres across the country were advised to purchase gold at TZS 325,914.94 per gram.
The continued strength of gold prices is expected to benefit both large-scale mining companies and thousands of artisanal miners who rely on the precious metal as a source of income.
Silver prices also remained stable during the trading period. The world market price was recorded at USD 70.69 per troy ounce, translating to TZS 5,989.93 per gram in the local market.
The mineral market price was set at TZS 5,390.94 per gram, while buying centres were advised to purchase silver at TZS 5,271.14 per gram.
Meanwhile, copper continued to show resilience in international markets, with the world market price reaching USD 6.48 per pound.
The equivalent world market price in Tanzania stood at TZS 37.65 per gram. The mineral market price was TZS 33.89 per gram, while the buying centre price was TZS 33.13 per gram.
The Mining Commission publishes indicative mineral prices regularly to guide transactions between miners, traders and buying centres, helping to ensure transparency and fair pricing within the country's mineral value chain.
The latest figures reflect continued demand for key minerals in global markets, with gold maintaining its position as Tanzania’s most valuable mineral commodity and a significant contributor to export earnings.
