How to Buy Gold in Tanzania| Steps, Prices & Trusted Dealers [2025]
How to Buy Gold in Tanzania, Looking to buy gold in Tanzania in 2025? Whether you’re an investor, jeweler, or trader, the process is simpler than you think if you follow the right steps. In Tanzania, you can purchase gold legally through licensed dealers, refineries, and mining sites, but it’s essential to understand the legal procedures, gold purity levels, pricing, and trustworthy suppliers to avoid scams and losses. This article provides you with everything you need, from current gold prices, legal requirements, and the best places to buy, to tips on verifying authenticity and avoiding fraud. How to Buy Gold in Tanzania
Step-by-Step Guide to Buying Gold in Tanzania Legally
Buying gold in Tanzania can be a safe and profitable process as long as you follow legal procedures and work with licensed dealers. Here’s a breakdown of how to do it right:
1: Know the Type and Purity of Gold You Want
Tanzania offers a range of gold products, including Raw gold nuggets, refined gold bars (1g to 1kg), and 24K, 22K, and 18K purity levels
NOTE: 24K is 99.9% pure and ideal for investment, and always request an assay report or certificate of purity. How to Buy Gold in Tanzania
2: Check the Daily Gold Price in Tanzania
Before making any purchase, check the real-time gold prices in Tanzania (in Tanzanian Shillings – TZS or USD). Prices may vary depending on Global gold market rates, Local taxes, dealer margins, and Purity and form (nuggets vs bars)
Reliable sources: GoldPricesInAfrica.com, Tanzania Mining Commission, or local licensed dealers.
3: Find a Licensed Gold Dealer or Refinery
Only buy from registered dealers with a government license under Tanzania’s Ministry of Minerals.
What to verify: dealer’s license number, Business registration certificate, Office address and physical presence, and References or client reviews
Top Gold Markets:
- Dar es Salaam (Refineries & Showrooms)
- Mwanza (Near mining zones)
- Arusha (Tourist + trade-friendly zone)
4: Sign a Gold Purchase Agreement
When you’re ready to purchase, request a formal sales agreement or invoice. It should include the quantity in grams or kilograms, the purity level (24K, 22K, etc.), the agreed price and total cost, the payment method, and the seller’s business credentials. This document protects you in case of legal issues or claims. How to Buy Gold in Tanzania
5: Verify the Gold Before Payment
Never pay before testing the gold, and you can use an XRF machine to test purity, request a fire assay from a certified lab, and bring your testing kit (for basic checks)
Always: Hire a local assayer for third-party verification before sealing the deal.
6: Pay Securely and Get a Receipt
Use a secure method of payment (bank transfer, mobile money, or escrow service). Avoid large cash deals unless it’s a trusted dealer.
Make sure the dealer provides a stamped receipt, a Certificate of Origin (especially for exports), and a Packing list if transporting gold. How to Buy Gold in Tanzania
7: Understand Export Rules (For Foreign Buyers)
If you’re buying for export:
- Apply for a Mineral Export Permit via the Ministry of Minerals
- Pay required royalties and taxes
- Always ensure the gold is cleared by customs and work with a clearing agent or export consultant to ensure compliance with Tanzanian laws and smooth international shipment.
NOTE. Work with trusted consultants like GoldPricesInAfrica.com to assist with sourcing, testing, legal compliance, and logistics.
Top 5 Trusted Gold Dealers in Tanzania (2025 List)
If you’re planning to buy gold in Tanzania, choosing a reliable dealer is critical, and below are licensed and reputable gold dealers you can trust in 2025, based on registration status, customer reviews, and transparency. How to Buy Gold in Tanzania
- Gold BuyersAfrica.com (Buyer Assistance & Export Services)
Location: Online with operations in Dar es Salaam
License: Works with certified local dealers and exporters
Products: Gold bars, nuggets, gram-to-kilo sizes
Services: Buyer representation, testing, legal compliance, secure sourcing
Why Choose Them:
Acts as a trusted sourcing and verification partner for local and international buyers. Ideal for first-time
- Mwanza Precious Metals Refinery (MPMR)
Location: Mwanza
License: Tanzania Ministry of Minerals – Fully Licensed
Products: Refined gold bars, dore bars
Services: Assaying, refining, and bulk gold sales
Why Choose Them:
Tanzania’s largest gold refinery. Excellent for high-volume and verified gold purchases. Offers assay certificates and export facilitation. How to Buy Gold in Tanzania
- Tembo Gold Dealers Ltd
Location: Arusha
License: Registered under the Tanzania Minerals Commission
Products: 24K and 22K gold bars
Services: Retail sales, wholesale orders
Why Choose Them:
Known for transparent pricing, legal documentation, and small-to-medium investor service. Strong regional reputation. How to Buy Gold in Tanzania
- Elhilal Gold Refinery
Location: Dar es Salaam
License: Government-licensed refinery and dealer
Products: Refined gold, dore bars
Services: Refining, certification, and export clearance
Why Choose Them:
Great for serious investors looking for refinery-direct gold with testing and export processing in-house.
- Geita Gold Hub (Government-Backed Buying Center)
Location: Geita Region
License: State-supported operation under the Ministry of Minerals
Products: Raw gold, refined bars
Services: Legal buying center for local and international buyers
Why Choose Them:
Secure and transparent marketplace backed by the Tanzanian government. Excellent for bulk gold from small-scale miners.
Buyer Tip:
Always cross-check the license number of any gold dealer through the Tanzania Ministry of Minerals website or ask for proof of registration. You can also request assistance from GoldPricesInAfrica.com for background checks and legal guidance. How to Buy Gold in Tanzania
Where to Buy Gold in Dar es Salaam
Dar es Salaam is Tanzania’s largest city and a central hub for gold trading, refining, and export. You can buy gold here through:
- Licensed Gold Dealers & Refineries
It’s located mostly in Mikocheni, Kariakoo, and Masaki areas, and reputable dealers are registered with the Ministry of Minerals and Tanzania Revenue Authority (TRA), and many offer assay-certified gold bars and nuggets (18K–24K)
- Tanzania Gold Market Center – Dar Office
It is government-regulated trading floors where buyers can verify purity and complete legal purchases
- Trusted Platforms Like GoldPricesInAfrica.com
They offer access to Dar-based suppliers with secure contracts, purity tests, and export options
Where to Buy Gold in Mwanza
Mwanza, located on Lake Victoria, is near many small-scale and licensed gold mining operations in northern Tanzania.
- Local Refineries and Gold Trade Offices
Mwanza is home to refineries that source directly from nearby mining districts (like Geita, Shinyanga), and these facilities usually sell in small to medium quantities, perfect for private investors
- Artisanal Miners through Cooperatives
Always work with vetted gold cooperatives to access raw gold or semi-refined nuggets, and always demand mineral export permits and purity certification
- Gold Market Centers Supervised by the Government
Tanzanian authorities have set up buying points to regulate and simplify gold trade in mining towns around Mwanza
Where to Buy Gold in Arusha
Arusha is a key trading post for gold due to its proximity to northern mining regions and international buyers.
- Local Licensed Gold Brokers
Found mainly in the Central Business District (CBD) and along Njiro Road and these brokers often have direct ties with miners in Manyara, Simanjiro, and Handeni districts
- Gold Dealers Registered with the Ministry of Minerals
Some dealers offer 22K–24K gold bars with full documentation and export clearance options
- International Buyer Facilitation via Goldbuyersafrica.com
Arusha-based suppliers are available on the platform with services including gold sourcing, contract verification, and safe transactions
Important Tips When Buying Gold in Tanzania
- Always ask for a government-issued Export Permit and Assay Certificate
- Always ensure transactions are witnessed at a Mineral Commission Office
- Avoid informal or street-level dealers unless working with a licensed consultant
How to Avoid Gold Scams in Tanzania (2025 Update)
While Tanzania is a major gold-producing country, it’s also a hotspot for gold-related scams targeting foreign investors and inexperienced buyers. To protect yourself, follow these proven strategies to avoid being scammed when buying gold in Tanzania. How to Buy Gold in Tanzania
- Only Deal with Licensed Gold Dealers
Red Flag: Anyone offering gold without a business license, tax registration, or office address.
What to Do:
- Always ask for their Tanzania Ministry of Minerals license
- Cross-check the license on the official government portal
- Avoid street brokers or unofficial “middlemen”
- Never Pay Before Testing the Gold
Red Flag: The seller refuses testing, says the gold is “sealed,” or rushes the deal.
What to Do:
- Demand XRF or fire assay testing before payment
- Visit a local lab or refinery for third-party verification
- Bring your expert or use services from trusted platforms like Goldbuyersafrica.com
- Don’t Fall for Unrealistic Prices
Red Flag: Gold offered significantly below market rate (e.g., $30–$40/gram when market price is $60–$70/gram)
What to Do:
- Check live prices from global sources or Tanzanian refineries
- Remember: if it’s too cheap, it’s likely fake or a bait-and-switch scam
- Stick with sellers who offer transparent pricing and invoices
- Insist on Documentation and Contracts
Red Flag: Seller offers “off-record” deals with no paperwork
What to Do:
- Always request a sales contract, invoice, and proof of origin
- Make sure both parties sign with national IDs or passports attached
- Keep copies for future legal reference, especially for export
- Use Safe Payment Methods
Red Flag: Seller demands full upfront payment in cash or via untraceable methods
What to Do:
- Use bank transfer, escrow, or mobile money with documentation
- For large amounts, work with a lawyer or gold consultant
- Avoid paying 100% in advance, consider staged payments
- Avoid Airport Gold Scams
Red Flag: A deal is offered “near the airport” or requires fast processing before flight
What to Do:
- Do not meet unknown dealers at airports or hotels
- Real dealers operate from offices and registered showrooms
- Scams in Dar es Salaam or Mwanza airports often involve fake customs officials or forged documents. How to Buy Gold in Tanzania
- Hire a Local Consultant or Gold Agent
If you’re new to the Tanzanian gold market, work with professionals like Goldbuyersafrica.com, who verify dealers, handle testing, prepare legal paperwork, and assist with export compliance
It’s worth the small fee to save thousands in losses.
Note: Scammers often use WhatsApp and Telegram to send photos of gold bars, fake licenses, and “ready-to-export” deals. Always verify identities and never send money without physical verification.
Gold Price in Tanzania Today: 24K, 22K, 18K (Updated in USD & TZS)
Knowing the daily gold price is essential before making any gold purchase in Tanzania. Below is an updated price table for 2025, covering 1 gram, 10 grams, 100 grams, and 1 kilogram in both US Dollars (USD) and Tanzanian Shillings (TZS) for 24K, 22K, and 18K gold. How to Buy Gold in Tanzania
Exchange Rate Used: 1 USD = 2,500 TZS (approximate 2025 rate)
Today’s Gold Prices in Tanzania.
| Purity | Weight Price (USD) | Price (TZS) |
| 24k | 24k | 24k |
| 1 gram | $72 | 180,000 TZS |
| 10 grams | $720 | 1,800,000 TZS |
| 100 grams | $7,200 | 18,000,000 TZS |
| 1 kilogram | $72,000 | 180,000,000 TZS |
| 22K | 22K | 22K |
| 1 gram | $66 | 165,000 TZS |
| 10 grams | $660 | 1,650,000 TZS |
| 100 grams | $6,600 | 16,500,000 TZS |
| 1 kilogram | $66,000 | 165,000,000 TZS |
| 18K | 18K | 18K |
| 1 gram | $54 | 135,000 TZS |
| 10 grams | $540 | 1,350,000 TZS |
| 100 grams | $54,000 | 13,500,000 TZS |
| 1 kilogram | $54,000 | 135,000,000 TZS |
Factors Affecting Gold Prices in Tanzania
Understanding what drives gold prices can help you buy or sell at the right time. Here are the key factors:
- 1. Global Gold Market Trends
Gold prices in Tanzania are directly influenced by global spot prices set by markets in New York, London, and Shanghai. Any rise or fall in international markets is reflected locally.
- Exchange Rate (USD to TZS)
Since gold is priced in US dollars, any fluctuation in the USD/TZS exchange rate will impact local prices. A weaker Tanzanian shilling makes gold more expensive.
- Demand and Supply in the Local Market
Increased demand from tourists, jewelers, or investors in cities like Dar es Salaam or Arusha can raise local premiums.
- Government Taxes and Royalties
Tanzania applies certain royalties and export fees on gold, especially for larger transactions or exports. These can add up to 5%–10% to the final price. How to Buy Gold in Tanzania
- Gold Purity and Form
- 24K (99.9%) gold is more expensive than 22K or 18K
- Raw gold may cost less, but it requires refining
- Refined bars with certification carry a premium
- Dealer Markups
Different gold dealers apply varying markups for services, security, testing, and documentation. This can affect the final price you pay.
How to verify gold authenticity before buying in Tanzania.
- Request an Assay Certificate from the Ministry of Minerals
All legal gold sellers in Tanzania are required to provide a government-issued assay certificate confirming:
- Purity (karat). Usually 18K to 24K
- Weight, in grams or kilograms
- Mineral origin and source
The certificate is issued by the Tanzania Mineral Commission after official testing at authorized government labs. This is the most trusted and legal proof of authenticity.
- Conduct XRF or Fire Assay Testing on Site
If you’re buying a large quantity or dealing with a new seller:
- Request a real-time purity test using X-Ray Fluorescence (XRF) or fire assay
- Many licensed dealers and refineries in Dar es Salaam, Mwanza, and Arusha offer this service
- You can also hire a third-party lab or consultant to test the gold independently
Pro Tip: XRF is quick and non-destructive; fire assay is slower but more precise.
- 3. Inspect for Hallmarks, Stamps, and Visual Signs
For refined bars or jewelry:
- Check for hallmarks or stamps like “999.9” (24K), “AU,” or dealer serial numbers
- Weigh the gold and compare it with the stated grams
- Examine color, texture, and magnetism (real gold is non-magnetic and does not tarnish)
Note: Raw gold and nuggets may not have stamps. Purity testing is essential in such cases.
- Verify Seller’s License and Export Credentials
Ask the seller to show:
- Valid gold trading license from the Tanzania Ministry of Minerals
- Tax Identification Number (TIN) and business registration
- Export permit (if you’re an international buyer)
You can confirm the license number with the Mineral Commission Office to avoid dealing with fake or unlicensed traders.
Conclusion:
Buying gold in Tanzania can be a rewarding investment if you follow the right steps. From securing the necessary permits to identifying reputable dealers and understanding current market prices, every aspect of the process is important. As demand for Tanzanian gold continues to rise in 2025, now is the perfect time to make a strategic entry into the market. Whether you’re sourcing gold bars, nuggets, or raw gold, always prioritize legal compliance and trusted partnerships. For expert assistance in buying gold in Tanzania, consider working with reliable platforms like Goldbuyersafrica.com for secure and verified transactions.