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The Mining Commission has released new indicative prices for gold, silver and copper, providing updated benchmarks for mineral trading in Tanzania as of August 12, 2026.
According to the latest figures issued by the Commission, the international market price of gold stands at USD 4,423.50 per troy ounce, equivalent to TZS 377,969.01 per gram.
The indicative mineral market price for gold has been set at TZS 340,172.11 per gram, while the buying centre price stands at TZS 332,612.73 per gram.
The figures highlight the continued high value of gold in both international and domestic mineral markets, with the precious metal remaining one of Tanzania's major sources of export earnings.
For silver, the international market price is USD 65.60 per troy ounce, equivalent to TZS 5,605.24 per gram.
The Commission has placed the indicative mineral market price for silver at TZS 5,044.71 per gram, while the buying centre price is TZS 4,932.61 per gram.
Meanwhile, copper is trading at USD 6.62 per pound, translating to TZS 38.79 per gram at the world market price.
The indicative mineral market price for copper is TZS 34.91 per gram, while the buying centre price is TZS 34.13 per gram.
The Mining Commission publishes indicative mineral prices to provide market guidance and promote transparency in the buying and selling of minerals.
The prices are particularly important to artisanal and small-scale miners, mineral dealers and buying centres, as they provide a reference point for transactions and help improve transparency across the mineral value chain.
The latest figures also come as Tanzania continues to position the mining sector as a key contributor to economic growth, investment, employment and government revenues.
