Tanzania’s Mining Commission releases indicative prices of gold, silver

DAR ES SALAAM: THE Mining Commission has released new indicative prices for gold and silver, reflecting movements in the global minerals market and guiding transactions in Tanzania’s formal mineral trading system.

According to the prices issued in Dar es Salaam today, January 13, 2026, through the Minister for Minerals, the world market price of silver stands at 85.94 US dollars per troy ounce, equivalent to 6,825.80/- per gram.

The mineral market price for silver has been set at 6,143.22/- per gram, while the buying centre price is 6,006.70/- per gram.

For gold, the commission reported a world market price of 4,627.95 US dollars per troy ounce, translating to 367,575.60/- per gram.

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The mineral market price has been fixed at 330,818.04/- per gram, with buying centres offering 323,466.53/- per gram.

The Mining Commission said the indicative prices are issued to ensure transparency, fairness, and order in mineral trading, while protecting both miners and buyers within the country.

Moreover, the commission stated that there is no reason to violate procedures by trading minerals outside official Mineral Markets, citing that there are a total of 44 Mineral Markets and 103 small mineral buying centres.