The Mining Commission has released indicative prices for gold, silver and copper for November 3, 2026, providing updated market reference prices for mineral traders, miners and other stakeholders in Tanzania's mining sector.
According to the latest figures published by the Commission, gold has a world market price of USD 3,970.25 per troy ounce, equivalent to TZS 338,746.76 per gram.
The indicative mineral market price for gold stands at TZS 304,872.08 per gram, while the buying centre price is TZS 298,097.15 per gram.
For silver, the world market price is USD 50.15 per troy ounce, equivalent to TZS 4,278.86 per gram.
The mineral market price is TZS 3,850.98 per gram, while buying centres are expected to purchase the mineral at TZS 3,765.40 per gram.
Meanwhile, copper is trading at USD 6.53 per pound on the world market, equivalent to TZS 38.20 per gram.
Its indicative mineral market price stands at TZS 34.38 per gram, while the buying centre price is TZS 33.62 per gram.
The indicative prices provide important market guidance for miners, mineral traders and buying centres, helping stakeholders make informed decisions when conducting mineral transactions.
The Mining Commission publishes indicative mineral prices to promote transparency and provide reference information for mineral trading across the country.
The latest figures are available through the Commission's official website, www.tumemadini.go.tz.