Top 5 Trusted Gold Sellers in Tanzania| Prices & How to Buy (2025)
Looking for trusted gold sellers in Tanzania? Whether you’re a local trader, jewelry investor, or international buyer, Tanzania offers reliable access to high-purity gold through certified sellers and refineries. From gold bars to raw nuggets, licensed dealers in cities like Dar es Salaam, Dodoma, Mwanza, and Arusha provide secure transactions, export support, and up-to-date pricing based on global market rates. Gold Buyers Africa is the most trusted company in Tanzania to sell gold in different sizes and of high purity quality. gold sellers in Tanzania
Gold Trading in Tanzania: An Overview
Tanzania is one of Africa’s top gold-producing countries, known for its rich deposits and active mining sector. With modern refineries and a growing number of licensed dealers, Tanzania has become a prime hub for local and cross-border gold buyers. gold sellers in Tanzania
Why Buy Gold from Tanzania?
- Abundant local supply from active gold mines
- Certified gold bars and nuggets
- Lower purchase premiums compared to global markets
- Efficient export systems for bulk buyers and international clients
Top 5 Trusted Gold Sellers in Tanzania (2025)
- Gold Buyers Africa – Tanzania Office
Gold Buyers Africa operates across East Africa and facilitates verified gold transactions, export permits, and secure payment options for international clients. Website. www.goldbuyersafrica.com
- Tanzania Gold Exchange – Dar es Salaam
A government-approved platform that connects verified gold sellers and buyers. Ideal for investors seeking bulk purchases with official documentation.
- Tanzanite Gold Company Ltd – Arusha
Specializes in refined gold bars (1g to 1kg) and raw gold sourced from mines in Geita and Shinyanga. They offer secure delivery and export services.
- Mwanza Precious Metals – Mwanza
This licensed dealer offers 99.9% pure gold bars and nuggets, and services include authentication, VAT handling, and international buyer assistance.
- Geita Gold Trade Center
A government-backed facility where artisanal and small-scale miners legally sell gold. Buyers can access verified products directly from the source.
Top 5 Wholesale Gold Sellers in Tanzania
- Geita Gold Trade Center (GGTC)
The Geita Gold Trade Center is Tanzania’s largest and most reputable government-approved hub for gold trading. It connects miners, dealers, and exporters, offering wholesale gold bars and nuggets with verified purity.
- Licensed by the Ministry of Minerals
- Provides assay certificates and secure transactions
- Central to Tanzania’s gold export system
2. TanGold Exporters Ltd
TanGold Exporters is a leading licensed gold wholesaler specializing in bulk gold bars for both local and international markets. They have partnerships with multiple mining operations and maintain strict quality controls.
- Licensed dealer and exporter
- Competitive pricing and export facilitation
- Offers assay and export documentation support
- Mwanza Gold Traders
Located in Mwanza, one of Tanzania’s key gold-producing regions, Mwanza Gold Traders sources gold directly from artisanal miners and larger mines. They handle wholesale quantities and provide secure trade contracts.
- Licensed dealer with local government approvals
- Trusted for timely deliveries and purity assurance
- Active in domestic and export markets
- Tanzania Mineral Resources Ltd
This company operates as a wholesaler and refiner, buying raw gold from miners and supplying polished gold bars to exporters and jewelers. They emphasize compliance and ethical sourcing.
- Registered and compliant with Mining Commission regulations
- Value addition through refining services
- Long-standing market presence
- Dar es Salaam Precious Metals Exchange
Operating in the commercial capital, this exchange acts as a wholesale trading platform for licensed dealers and exporters. It’s known for transparent pricing and regular market updates.
- Government-regulated trading floor
- Facilitates bulk trades between miners, dealers, and exporters
- Provides assay and verification services
Note: When buying wholesale gold in Tanzania, always verify the dealer’s license, request assay certificates, and ensure compliance with Tanzanian mining and export laws to avoid scams.
Things to Consider When Choosing a Gold Seller in Tanzania
- Verify Licensing and Registration
Always ensure the seller is licensed by the Tanzania Ministry of Minerals or the Mining Commission. A valid license proves the seller operates legally and meets government standards.
- Reputation and Reviews
Research the seller’s reputation by checking customer reviews, testimonials, and any feedback from previous buyers. Trusted sellers often have a strong presence at official trade centers like Geita or Dar es Salaam Gold Market.
- Assay Certification and Purity Guarantee
Ask if the seller provides an assay certificate that verifies the gold’s purity (typically 99.9% for 24K gold bars). Avoid sellers who cannot provide proof of quality.
- 4. Transparent Pricing
The seller should offer clear, up-to-date pricing based on current international gold rates plus a fair local premium. Be wary of hidden fees or prices significantly below market value.
- Physical Inspection and Testing
If possible, inspect the gold physically before purchase. Sellers who allow independent testing or provide access to certified testing labs are more trustworthy.
- Payment and Transaction Terms
Understand the payment options, refund policies, and delivery terms. Avoid sellers who demand cash-only payments without receipts or contracts.
- Location and Accessibility
Choosing sellers located in recognized gold trade hubs (like Geita, Mwanza, Dar es Salaam) adds credibility and ease of follow-up if issues arise.
- After-Sale Support
Good sellers offer support such as buy-back guarantees, secure storage options, or assistance with export documentation if needed.
Note. Always do thorough due diligence and avoid deals that feel rushed or suspicious. When in doubt, consult with local experts or government resources.
Current Gold Prices in Tanzania (2025)
| Gold Type | Purity | Average Price (TZS) | USD Equivalent |
| 1g Gold Bar | 24K (999.9) | TZS 180,000 – 190,000 | $70 – $75 |
| 10g Gold Bar | 24K | TZS 1.8M – 1.9M | $700 – $750 |
| 1kg Gold Bar | 24K | TZS 175M – 180M | $70,000 – $72,000 |
Prices are based on the international spot rate and fluctuate daily. Use goldpricesinafrica.com for live updates.
Is Gold Cheap in Tanzania?
Gold in Tanzania is generally considered more affordable compared to many international markets, but the term “cheap” depends on several factors:
- Local Production and Supply
Tanzania is one of Africa’s top gold producers, with abundant deposits and numerous artisanal and large-scale mines. This local availability helps keep prices relatively competitive because there’s less reliance on costly imports.
- Market Premiums and Dealer Margins
While the base price of gold in Tanzania tracks the global spot price (usually in USD per ounce or gram), local premiums and dealer margins affect the final cost. These premiums cover refining, assay testing, licensing fees, taxes, and profit margins.
- Government Taxes and Royalties
Tanzania imposes royalties (about 4–6%) and other taxes on gold production and sales. These can add to the price, but overall, taxes are often lower than in some other gold-exporting countries.
- Currency and Exchange Rates
Since gold is priced internationally in USD, fluctuations in the Tanzanian shilling’s exchange rate can make gold appear cheaper or more expensive locally.
- Quality and Authenticity
Cheap gold can sometimes mean lower purity or counterfeit products. Genuine 24K gold bars or certified nuggets from licensed dealers maintain standard pricing, ensuring value for money.
Note. Gold in Tanzania is not necessarily “cheap” but competitively priced, especially when purchased from licensed dealers or trade centers. Buyers benefit from access to freshly mined gold with lower import costs, but should always factor in quality assurance and legal compliance.
How to Buy Gold in Tanzania Safely
- Choose a Licensed Dealer
Always verify the seller’s license through the Ministry of Minerals or the Tanzania Mining Commission.
- Request Assay Reports
Confirm the gold’s purity and weight using a certified assay certificate.
- Negotiate Based on Live Prices
Align your purchase with the current market rate to avoid overpaying.
- Use Secure Payment Channels
Prefer bank transfers, escrow, or verified mobile money platforms.
- Handle Export Legally
Work with dealers who assist in customs documentation and export permits to ensure a smooth transaction.
Top Online Gold Sellers in Tanzania
- Gold Buyers Africa Online
A reputable platform offering gold bars and nuggets sourced directly from Tanzanian miners. They provide detailed assay certificates and ship securely within Tanzania and abroad. www.goldbuyersafrica.com
- Geita Gold Online Store
An official online extension of the Geita Gold Trade Center, this platform enables registered buyers to purchase certified gold bars online with full documentation and export support.
- GoldKenya Tanzania
Though primarily serving East Africa, GoldKenya offers Tanzanian gold products online, including wholesale bars and investment-grade nuggets with verified purity.
- TZ Gold Market
An online marketplace connecting local miners, licensed sellers, and buyers, with secure payment options and transparent pricing based on daily gold rates.
- Precious Metals Tanzania (PMT)
PMT is an established gold dealer offering an online ordering system for various gold sizes, backed by assay certificates and customer support. gold sellers in Tanzania
Important Tips When Buying Gold Online in Tanzania:
- Always verify the seller’s license and registration
- Check for assay certificates and purity guarantees
- Use secure payment methods and avoid advance payments without contracts
- Look for customer reviews and ratings
How to verify gold seller’s License in Tanzania.
- Check with the Ministry of Minerals (MoM), Tanzania
The Ministry of Minerals is the regulatory body that issues and oversees all gold trading licenses, and you can:
- Visit their official website or office in Dodoma or Dar es Salaam
- Request to verify a dealer’s Tanzania Mining License (TML) or Dealer License
- Cross-check company registration numbers, license validity, and expiration dates. Website: https://www.madini.go.tz
- Use the Tanzania Mining Commission’s Public Registry
The Mining Commission maintains a database of licensed gold dealers and mining companies.
- Ask the seller for their license number
- Search the registry or contact the commission to confirm authenticity
- This is the most official and up-to-date source
- Request a Copy of the Dealer’s Valid License Certificate
A reputable seller should provide
- A hard or digital copy of their valid gold dealer license
- License type (Dealer, Exporter, Refiner, etc.)
- Issuing authority and expiration date
- Match the name of the seller/business with the certificate
Note: Make sure the name on the license matches the company’s bank account or official website.
- Verify with Local Gold Trade Centers
Trade centers like the Geita Gold Trade Center or Dar es Salaam Gold Market work with approved sellers and contact these centers directly to ask whether a specific seller is registered or operating within their ecosystem. also, these centers often screen out unlicensed traders
- Consult with Legal or Industry Experts in Tanzania
If you’re a first-time or international buyer, hire a local gold trade consultant, attorney, or licensing expert, and perform background checks and help confirm whether the seller is compliant with Tanzanian laws, which is good and useful when planning to export gold or buy in bulk
Note. Always avoid sellers who refuse to show their license, offer deals “under the table,” or push for fast cash-only transactions. These are common scam tactics. gold sellers in Tanzania
Can Foreigners Buy Gold in Tanzania?
Yes. Tanzania allows foreign nationals to buy and export gold under strict legal frameworks that always ensure transactions are done through a licensed dealer, all taxes and royalties are paid, and you obtain an export permit for customs clearance
How to Export Gold from Tanzania: Step-by-Step Guide
Exporting gold from Tanzania is legal and profitable, but only when done through licensed procedures, and here are the key steps to ensure your gold export is compliant, secure, and successful:
1. Buy Gold from a Licensed Dealer or Trade Center
To export gold legally, you must purchase it from a Tanzanian licensed gold dealer or a government-approved Gold Trade Center (like Geita Gold Trade Center) always ask for a valid gold dealer license and ensure the gold has an assay certificate and ensure your seller provides proof of tax and royalty payments (important for export clearance) gold sellers in Tanzania
- Obtain an Export Permit from the Mining Commission
You must apply for a Gold Export Permit from the Tanzania Mining Commission. These documents are mandatory for international shipments to obtain. Submit proof of gold ownership (purchase receipt, assay certificate), submit your passport or company documents, and provide tax clearance and royalty payment documents. This process usually takes 2–5 working days. gold sellers in Tanzania
- Pay Applicable Taxes and Royalties
Before export, you’re required to pay a 6% royalty fee on the market value of the gold and a 1% inspection fee to the Tanzania Revenue Authority (TRA). These payments are usually facilitated through the seller or the trade center and are documented during the export process.
- Have the Gold Tested and Certified
Gold must be tested and certified by a government-approved laboratory such as the Government Chemist Laboratory Authority (GCLA) or Tanzania Mineral Laboratory, and they will issue an assay report confirming the purity (usually 99.9% for bars) and weight verification, and official stamp of approval
- Use a Licensed Freight Forwarder to Ship the Gold
Once cleared and permitted:
- Partner with a licensed logistics or freight company experienced in precious metal exports
- Gold is usually shipped via secure air cargo from Julius Nyerere International Airport (DAR)
- Customs will inspect all documents before authorizing the shipment
Note: Insurance and secure packaging are highly recommended. gold sellers in Tanzania
Checklist for Exporting Gold from Tanzania
- Purchase from a licensed gold dealer
- Obtain an Export Permit
- Pay royalties and inspection fees
- Get an assay certificate
- Ship using a licensed freight agent
Need Help Exporting Gold?
Trusted companies like Gold Buyers Africa assist international clients with gold sourcing, licensing, documentation, and secure exports from Tanzania.
Gold investment opportunities in Tanzania.
- Buy and Export Physical Gold (Bars & Nuggets)
Tanzania’s rich gold resources and legal export frameworks make it ideal for investors seeking to buy 24K gold bars or raw nuggets and resell them internationally.
- Buy from licensed dealers or trade centers (e.g., Geita)
- Export legally with the proper permits
- Benefit from low local premiums and global resale profits
Target Investors: International traders, jewelers, high-net-worth individuals
- Invest in Artisanal and Small-Scale Gold Mining (ASGM)
Tanzania has thousands of ASGM sites, especially in regions like Geita, Shinyanga, and Mwanza. Investors can,
- Fund mechanization or equipment leasing
- Create joint ventures with licensed local miners
- Share profits or get a guaranteed gold supply
Target Investors: Impact investors, mining-focused funds, equipment suppliers. gold sellers in Tanzania
- Open or Partner in a Gold Dealing Business
Registering a gold trading company in Tanzania allows you to,
- Buy gold locally and sell domestically, or export
- Work directly with miners and refiners
- Set up shop in gold-rich areas or at trade centers
With proper licensing from the Mining Commission, this is a scalable and legal long-term venture.
Target Investors: Entrepreneurs, African diaspora, gold trading firms
- Invest in a Gold Refinery or Processing Unit
Tanzania still exports some semi-processed or raw gold. A small to medium-scale refinery,
- Adds value locally through purification
- Earns profits from refining fees
- Can supply domestic jewelers or exporters
Incentives are available for those investing in value-added industries under Tanzania’s mineral development policy.
Target Investors: Industrialists, gold buyers with logistics experience
- Gold-Backed Savings or Digital Investment Platforms
Tech-savvy investors can tap into gold-backed fintech solutions such as:
- Digital wallets backed by Tanzanian gold
- Mobile apps that allow micro-investments in physical gold
- Partnerships with local banks to offer gold savings accounts
This model is growing across Africa and is ideal for reaching the unbanked or youth demographic.
Target Investors: Fintech founders, tech startups, digital gold platforms
NOTE. Tanzania’s government strongly supports value addition, legal exports, and foreign participation in gold investment. Always verify compliance, licensing, and due diligence before investing. gold sellers in Tanzania
Common gold scams in Tanzania and practical tips on how to avoid falling victim to them:
- Fake or Counterfeit Gold Bars
Scammers often sell gold bars that are made of cheaper metals plated with gold or fake stamps.
How to avoid:
- Always buy from licensed dealers or government-approved trade centers.
- Request an assay certificate or test the gold independently using reliable methods.
- Use professional gold testing services if unsure.
- Unlicensed Gold Sellers
Some sellers operate without official licenses, making transactions risky and illegal. They might disappear after payment or sell unverified gold.
How to avoid:
- Verify the seller’s mining or dealer license through the Ministry of Minerals or the Mining Commission.
- Check official registries or ask for proof of licensing before any purchase.
- Underweight or Tampered Gold
Gold bars or nuggets may be underweight or tampered to reduce actual gold content but still sold at full price.
How to avoid:
- Weigh the gold in your presence using calibrated scales.
- Get the gold independently verified at approved assay laboratories.
- Avoid street or informal sellers without official premises.
- Gold Investment Ponzi or Pyramid Schemes
Some “investment” schemes promise unrealistically high returns on gold investments but collapse, causing massive losses.
How to avoid:
- Avoid schemes promising guaranteed or very high returns.
- Research the company’s history and regulatory status thoroughly.
- Consult with financial advisors before investing.
- Pressure Sales and “Too Good to Be True” Deals
Scammers use high-pressure tactics to rush buyers into deals or offer prices far below market value to lure buyers into scams.
How to avoid:
- Take your time to research and verify any offer.
- Beware of urgent deadlines or pushy salespersons.
- Compare prices with multiple licensed sellers.
Note. Always insist on official documentation, licensed dealers, and independent verification when buying gold in Tanzania. When in doubt, consult industry experts or legal advisors.
conclusion
Start Buying Gold in Tanzania Today Tanzania provides a reliable, profitable gold buying opportunity for investors, traders, and international buyers. With licensed sellers, live pricing, and secure export services, you can safely grow your gold portfolio in East Africa’s most promising gold hub.
Need help buying gold in Tanzania?
Contact Gold Buyers Africa to connect with licensed sellers and get expert assistance.
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