Gold traders and small-scale miners can sell the precious metal at indicative buying-centre prices of TZS313,723.44 per gram, according to rates published by the Mining Commission on October 15, 2026.
The commission's latest price schedule puts the world market price of gold at $4,192.13 per troy ounce, equivalent to TZS356,503.91 per gram.
The indicative mineral market price stands at TZS320,853.51 per gram, while buying centres are expected to offer TZS313,723.44 per gram.
The published rates provide a reference for miners and traders assessing the value of their gold, although the actual amount received may depend on the applicable trading arrangements and the quality of the mineral.
Silver was quoted at $58.49 per troy ounce on the international market, equivalent to TZS4,974.06 per gram.
The indicative mineral market price for silver stands at TZS4,476.66 per gram, while the buying-centre price is TZS4,377.17 per gram.
Copper's international price was listed at $6.72 per pound, equivalent to TZS39.19 per gram. The indicative mineral market price stands at TZS35.27 per gram, with buying centres expected to offer TZS34.48 per gram.
The three sets of rates were published by the Mining Commission under its mineral indicative prices schedule for October 15, 2026.
The prices highlight the importance of international commodity markets in determining the indicative value of minerals traded in Tanzania, particularly gold, which is a major contributor to the country's mineral export earnings.
For small-scale miners, the published buying-centre rates provide a useful benchmark when negotiating sales and comparing offers from mineral buyers.
However, the figures represent indicative prices for the stated date and should not be interpreted as guaranteed transaction prices.