World gold reference
USD 4,280
+2.8% from 7 Jul 2026 · Mining Commission world column.
Official source
As at · Source: Mining Commission of Tanzania
Gold · Tanzania transmission
What gold is doing for Tanzania
Follow gold through four distinct lenses: its global USD reference, the shilling translation, Tanzania’s reported export reading and the external reserve buffer. Different clocks remain visibly separate.
History available since the first verified public observation in the canonical series. Missing dates remain missing.
Official source
As at · Source: Tume ya Madini (Mining Commission of Tanzania) — Mineral Indicative Prices
Four readings · two publication clocks
The signal, translated
Gold translated into TZS
TZS 11.32m
USD gold × BoT USD/TZS 2,643.98. KCP calculation; not a quoted local transaction price.
KCP transformation
As at · Source: Mining Commission + BoT; KCP calculation
Gold-export growth
+46.7%
Latest verified year-on-year gold-export movement reported by the Bank of Tanzania.
Official source
As at · Source: Bank of Tanzania Monthly Economic Review
Official FX reserves
USD 5.54bn
4.3 months of projected import cover.
Official source
As at · Source: Bank of Tanzania Monthly Economic Review
Price × currency
What moved the local-currency reference?
The same USD gold move can feel different in Tanzania when USD/TZS changes. Exact-date alignment keeps the two effects legible.
Was the local-currency gold move driven by the metal or the shilling?
Gold and the shilling, rebased
As at 6 Aug 2026 · Source: KCP transformation from Mining Commission and Bank of Tanzania observations. Exact values and method remain in the static evidence table below.
1 · Metal
+2.8%
World gold
USD reference movement
2 · Currency
+0.4%
USD/TZS
Shilling translation
3 · Combined
+3.3%
Gold in TZS
KCP calculated movement
Observed window: 7 Jul 2026–6 Aug 2026. The multiplicative TZS result will not equal the simple sum exactly.
Export channel · external buffer
From export reading to reserve context
These are associated official indicators, not a causal bridge. The published observations do not establish that the latest gold-price move caused the reserve stock.
1 · Export reading
+46.7%
Gold exports, year on year · May 2026
2 · Reserve stock
$5.54bn
Gross official foreign-exchange reserves · May 2026
3 · Import cover
4.3months
Projected import cover · May 2026
How have the verified Bank of Tanzania gold-export readings changed?
Reported gold-export value
As at Jul 2025 · Source: Bank of Tanzania Monthly Economic Review. Exact values and method remain in the static evidence table below.
Reference mechanics
The ~12% relationship is a rule to explain, not a score
USD 1.00World reference
USD 0.88Same-unit buying-centre equivalent
This is a structural reference relationship. KCP converts the source-native TZS-per-gram relationship into the world column’s unit for comparability. It is not evidence of underperformance, an executable arbitrage or a mine-gate transaction price.
KCP transformation
As at · Source: Mining Commission of Tanzania; KCP same-unit conversion
Dated policy context
The central-bank purchase programme
A Bank of Tanzania notice dated 1 October 2024 described world-market pricing, a 20% allocation, 4% royalty, zero inspection fee and BoT-funded refining for its domestic gold purchase programme. These are dated notice terms—not a guarantee of today’s execution.
Read the 1 October 2024 BoT notice →Other mineral references
Which reference moved most on the same dates?
Which official mineral references moved most over the common exact-date window?
World-reference change over the shared window
As at 6 Aug 2026 · Source: KCP transformation from Mining Commission world-reference observations. Exact values and method remain in the static evidence table below.
Silver world reference
62 troy oz
Current Mining Commission world-reference column.
Official source
As at · Source: Mining Commission of Tanzania
Copper world reference
6.71 lb
Current Mining Commission world-reference column.
Official source
As at · Source: Mining Commission of Tanzania
Regulated fuel caps · 2026-07
Dar es Salaam petrol cap: TZS 3,990 / litre
EWURA publishes monthly maximum retail caps. A cap is a regulated ceiling, not a traded commodity price or a forecast.
Inspect the fuel record →Wholesale crops · 2026-07-24
Maize median: TZS 77,750 / 100kg
The national figure is a bulletin-derived median across reporting district markets. Publication is event-driven, and coverage counts remain attached.
Inspect the crop record →