Opportunities, challenges as gold soars to all-time high

Gold pic

Dar es Salaam. The price of gold surged to a record-breaking Sh7.5 million per troy ounce on February 15, 2025 marking the highest level ever recorded, according to the Bank of Tanzania’s exchange rates.

The rise by Sh1.3 million from an average of Sh6.2 million on January 2, 2025 reflects growing investor demand amid ongoing global economic uncertainty, including inflationary pressures and currency fluctuations.