Mineral indicative prices for September 19,2026


 Gold traders and miners will use an indicative buying-centre price of TZS 329,981.82 per gram on September 19, 2026, according to prices released by the Mining Commission.

The commission has set the mineral market price for gold at TZS 337,481.41 per gram, while the world market price is equivalent to TZS 374,979.34 per gram, or $4,394 per troy ounce.

The figures provide a reference for transactions involving gold, with the buying-centre price sitting below the mineral market price and the international benchmark.

The difference between the mineral market and buying-centre prices is about TZS 7,500 per gram, while the gap between the world market equivalent and the buying-centre price is nearly TZS 45,000 per gram.

The latest figures come as Tanzania continues to strengthen the formalisation of mineral trading through regulated buying centres and other mechanisms aimed at improving transparency in the sector.

For silver, the commission set the world market price at $67.04 per troy ounce, equivalent to TZS 5,721.12 per gram.

The indicative mineral market price for silver was TZS 5,149.01 per gram, while the buying-centre price was TZS 5,034.59 per gram.

This puts the difference between the mineral market and buying-centre prices at about TZS 114.42 per gram.

The commission also released indicative prices for copper, with the international benchmark set at $6.62 per pound, equivalent to TZS 38.74 per gram.

The mineral market price for copper was set at TZS 34.87 per gram, while the buying-centre price stood at TZS 34.09 per gram.

The prices illustrate how international commodity values translate into domestic reference prices for mineral transactions.

For gold, the international price remains substantially higher than the domestic buying-centre reference, reflecting the different stages and costs involved between the global market benchmark and local mineral trading.

The Mining Commission publishes indicative mineral prices as part of the regulatory framework governing mineral trading in Tanzania.

The prices cover key minerals and provide reference points for market participants, particularly miners, traders and licensed buying centres.

For small-scale miners, the buying-centre price is particularly important because it provides a reference for the value of minerals when they enter the formal trading system.

The latest gold figure of TZS 329,981.82 per gram means one kilogramme of gold at the indicative buying-centre price would have a gross reference value of about TZS 329.98 million, before taking into account applicable charges, purity and other transaction considerations.

The commission's figures are dated September 19, 2026, and therefore apply to the specified pricing period.

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