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🇹🇿 Gold Price Today in Tanzania | TSh11,868,980
Live gold price in Tanzanian Shilling (TZS) — updated every 5 minutes
Last updated: May 4, 2026, 01:01 PM ET
Per Gram (TZS)
TSh381,596.27
Per Troy Oz (TZS)
TSh11,868,980
Per Kg (TZS)
TSh381,596,271
USD/Gold Spot
$4,512.92/oz
USD/TZS Rate
1 USD = 2630 TZS
TZS per gram
TSh381,596.27
Gold Market in Tanzania
Tanzania is one of Africa's top gold producers, mining approximately 45-50 tonnes annually. Major operations include Barrick Gold's North Mara and Bulyanhulu mines, and AngloGold Ashanti's Geita mine — one of Africa's largest. Gold exports are a crucial source of foreign exchange, contributing approximately 30% of Tanzania's export earnings.
Why do people in Tanzania buy gold?
Tanzanian investors increasingly use gold as protection against shilling depreciation and inflation. The government has promoted a "Buy Tanzania Gold" initiative. Artisanal gold mining (ASM) is widespread, particularly around Lake Victoria, providing gold access at the community level.
Frequently Asked Questions — Gold in Tanzania
What is the gold price today in Tanzania in shillings?
Tanzanian gold prices in TZS are quoted by local dealers at the international USD spot price converted at the USD/TZS rate.
Does Tanzania produce gold?
Yes. Tanzania is one of Africa's top five gold producers with approximately 45-50 tonnes per year. Major mines include Geita (AngloGold Ashanti), North Mara, and Bulyanhulu (Barrick Gold).
What role does artisanal mining play in Tanzania?
Artisanal and small-scale gold mining (ASM) involves hundreds of thousands of Tanzanians, particularly around the Lake Victoria goldfields (Mwanza region). ASM produces a significant portion of Tanzania's total gold output and is a major income source for rural communities.
Can I invest in gold in Tanzania?
Physical gold from artisanal and commercial sources is available in Tanzania. The Dar es Salaam Stock Exchange (DSE) lists some mining company stocks. Digital gold and fintech platforms are emerging as investment options for urban Tanzanians.