The Mining Commission has released new indicative mineral prices for July 14, 2026, showing strong market values for gold, silver and copper, with gold maintaining its position as the country’s most valuable mineral commodity.
According to the latest figures, the buying centre price for gold stands at TZS 304,857.32 per gram, while the mineral market price is TZS 311,785.89 per gram.
The world market price for gold is recorded at USD 4,067.92 per troy ounce, equivalent to TZS 346,428.77 per gram.
The updated prices are expected to provide guidance to miners, mineral traders and stakeholders involved in Tanzania’s growing mining sector by improving transparency in mineral trading.
For silver, the Commission announced a buying centre price of TZS 4,375.85 per gram, with the mineral market price standing at TZS 4,475.30 per gram.
The international silver price was recorded at USD 58.39 per troy ounce, equivalent to TZS 4,972.56 per gram.
Meanwhile, copper prices showed a buying centre price of TZS 32.02 per gram, while the mineral market price stood at TZS 32.74 per gram.
The world market price for copper was listed at USD 6.23 per pound, equivalent to TZS 36.38 per gram.
The Mining Commission regularly publishes indicative mineral prices as part of efforts to strengthen accountability, ensure fair valuation of minerals and support miners in making informed trading decisions.
The continued monitoring of mineral prices is also aimed at supporting Tanzania’s ambition of increasing the contribution of the mining sector to economic growth through better management of the country’s natural resources.
