The Mining Commission has released indicative prices for gold, silver and copper for November 4, 2026, showing the prevailing international and domestic market rates for the three minerals.
According to the latest figures, gold is trading at USD 3,956.90 per troy ounce on the world market, equivalent to TZS 337,525.03 per gram.
The indicative mineral market price for gold stands at TZS 303,772.52 per gram, while the buying centre price is TZS 297,022.02 per gram.
Silver is quoted at USD 49.34 per troy ounce on the international market, equivalent to TZS 4,208.72 per gram.
Its indicative mineral market price is TZS 3,787.85 per gram, while buying centres are expected to purchase it at TZS 3,703.67 per gram.
Meanwhile, copper is trading at USD 6.40 per pound on the world market, equivalent to TZS 37.43 per gram.
The indicative mineral market price for copper is TZS 33.69 per gram, while the buying centre price stands at TZS 32.94 per gram.
The indicative prices provide miners, mineral traders and other stakeholders with important market guidance, promoting transparency and helping them make informed decisions when conducting mineral transactions.
The Mining Commission publishes the indicative prices to reflect prevailing market conditions and guide mineral trading activities across the country.