Dar es Salaam. The Bank of Tanzania (BoT) has suspended its planned sale of gold reserves following a dip in global prices, signalling a cautious shift in strategy as market conditions turn volatile.
As of early March 2026, the BoT said it was holding approximately 19.6 tonnes of gold, nearing its 20-tonne target. The bank has been rapidly accumulating gold since October 2024 to strengthen foreign exchange reserves and diversify assets, with plans to sell a portion to rebalance holdings.
