Home / Gold Price / Mozambique
🇲🇿 Gold Price Today in Mozambique | MT290,065
Live gold price in Mozambican Metical (MZN) — updated every 5 minutes
Last updated: May 5, 2026, 12:57 AM ET
Per Gram (MZN)
MT9,325.81
Per Troy Oz (MZN)
MT290,065
Per Kg (MZN)
MT9,325,808
USD/Gold Spot
$4,532.27/oz
USD/MZN Rate
1 USD = 64 MZN
MZN per gram
MT9,325.81
Gold Market in Mozambique
Mozambique is primarily known for coal, natural gas, and rubies, but gold mining is emerging in Manica, Tete, and Zambézia provinces. Artisanal gold mining communities are active along the Zimbabwean border. The country's economy has faced significant currency pressures, making gold an increasingly attractive asset for those with savings.
Why do people in Mozambique buy gold?
Mozambique's metical has faced persistent depreciation, driven by debt crises and natural disasters. For middle-class Mozambicans, gold jewelry serves as both cultural expression and a financial safeguard. Growing Chinese investment in infrastructure and mining has increased awareness of gold as a tradeable global commodity.
Frequently Asked Questions — Gold in Mozambique
What is the gold price today in Mozambique in meticais?
The gold price in Mozambican meticais is calculated from the international USD spot price at the USD/MZN exchange rate. Mozambique's currency has depreciated significantly in recent years, so local gold prices have risen substantially in metical terms.
Is there gold mining in Mozambique?
Yes. Mozambique has artisanal gold production in Manica, Tete, and Zambézia provinces. Several international junior mining companies are exploring larger deposits. Gold is currently a small but growing export compared to coal, LNG, and rubies.
Why do Mozambicans buy gold jewelry?
Gold jewelry is culturally valued as a symbol of status and wealth, especially for weddings and ceremonies. Given the metical's historical weakness, gold jewelry also functions as a portable store of value that retains purchasing power better than cash savings.