Gold Regains Its Spot as Tanzania's Top Export, Exceeding $4 Billion for the First Time in Years

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Gold Regains Its Spot as Tanzania's Top Export, Exceeding $4 Billion for the First Time in Years - Sputnik Africa, 1920, 06.10.2025
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Gold Regains Its Spot as Tanzania's Top Export, Exceeding $4 Billion for the First Time in Years

According to the media, the surge was fueled by:

🟠record global prices,

🟠increased investor demand for safe assets.

Gold exports jumped 35.5% to $4.32 billion in the year ending August 2025, up from $3.19 billion the previous year, according to the Bank of Tanzania's September 2025 Monthly Economic Review.

The bank attributes this boom to rising international prices, which reached $3,368 per troy ounce in August.

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