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The Mining Commission has released new indicative prices for gold, silver and copper, reflecting prevailing international market prices as of September 9, 2026.
Gold is trading at US$4,416.73 per troy ounce, equivalent to TZS376,338.31 per gram at the international market rate.
The indicative domestic market price has been set at TZS338,704.48 per gram, while the price at mineral buying centres stands at TZS331,177.71 per gram.
Silver is priced at US$66.38 per troy ounce, translating to TZS5,656.07 per gram based on the international market rate.
In Tanzania, the indicative market price is TZS5,090.46 per gram, while buying centres are expected to pay TZS4,977.34 per gram.
For copper, the international market price stands at US$6.65 per pound, equivalent to TZS38.84 per gram.
The indicative domestic market price has been set at TZS34.95 per gram, with mineral buying centres using TZS34.18 per gram as the indicative price.
The Mining Commission’s indicative prices provide a reference point for mineral transactions and are intended to promote transparency and fairness among miners, traders and other stakeholders in the country’s mineral value chain.
The latest figures also underscore the influence of global commodity markets on mineral prices in Tanzania, particularly for precious metals such as gold and silver.
The mining sector remains a key contributor to Tanzania’s economy through export earnings, government revenue, employment and investment, with gold continuing to account for a significant share of the country’s mineral exports.
The Mining Commission regularly issues indicative mineral prices based on developments in international markets and other factors affecting the value of minerals traded in Tanzania.