{ "snapshot": { "date": "2026-07-31", "fetched_at": "2026-07-31T14:00:00.000Z", "valuation": "15:00 Europe/London (minute of the LBMA Gold PM fix); CoinGecko hourly market data: the point nearest that minute within ±30 minutes, otherwise the last earlier point within 7 days (stale); methodology v1.7", "retrieved_at": "2026-11-03T11:49:56.497Z", "total_market_cap_usd": 4993553012.652152, "constituents_count": 21, "missing_count": 3, "constituents": [ { "id": "tether-gold", "symbol": "XAUT", "name": "Tether Gold", "metal": "gold", "market_cap_usd": 2464534776.696747, "price_usd": 4021.6051360987885, "volume_24h_usd": 190184543.45033935, "missing": false, "point_utc": "2026-07-31T14:00:00.000Z", "weight_pct": 49.35433288587027 }, { "id": "pax-gold", "symbol": "PAXG", "name": "PAX Gold", "metal": "gold", "market_cap_usd": 1778704191.0944557, "price_usd": 4024.754410427735, "volume_24h_usd": 103255217.2827828, "missing": false, "point_utc": "2026-07-31T14:00:00.000Z", "weight_pct": 35.620012175454185 }, { "id": "kinesis-gold", "symbol": "KAU", "name": "Kinesis Gold", "metal": "gold", "market_cap_usd": 308817313.16128856, "price_usd": 129.41652458128408, "volume_24h_usd": 294584.7985230187, "missing": false, "point_utc": "2026-07-31T14:00:00.000Z", "weight_pct": 6.184320310184732 }, { "id": "kinesis-silver", "symbol": "KAG", "name": "Kinesis Silver", "metal": "silver", "market_cap_usd": 215603064.57091257, "price_usd": 57.92723277844315, "volume_24h_usd": 208452.36157212, "missing": false, "point_utc": "2026-07-31T14:00:00.000Z", "weight_pct": 4.317628430591197 }, { "id": "pleasing-gold", "symbol": "PGOLD", "name": "Pleasing Gold", "metal": "gold", "market_cap_usd": 78847864.92633757, "price_usd": 4042.4332748527654, "volume_24h_usd": 4.885725159046803, "missing": false, "point_utc": "2026-07-30T22:00:00.000Z", "stale": true, "weight_pct": 1.5789932484257392 }, { "id": "matrixdock-gold", "symbol": "XAUM", "name": "Matrixdock Gold", "metal": "gold", "market_cap_usd": 65966038.43731724, "price_usd": 4039.2696651504066, "volume_24h_usd": 691069.9712426211, "missing": false, "point_utc": "2026-07-31T14:00:00.000Z", "weight_pct": 1.3210240938702216 }, { "id": "goldfish-gold", "symbol": "GGBR", "name": "Goldfish Gold", "metal": "gold", "market_cap_usd": 31196255.365856554, "price_usd": 4.050832280964321, "volume_24h_usd": 90158.67374963325, "missing": false, "point_utc": "2026-07-31T14:00:00.000Z", "weight_pct": 0.624730633415019 }, { "id": "streamex-gldy", "symbol": "GLDY", "name": "Streamex GLDY", "metal": "gold", "market_cap_usd": 12422234.87694726, "price_usd": 4036.1710000000003, "volume_24h_usd": 0, "missing": false, "point_utc": "2026-07-31T14:00:00.000Z", "weight_pct": 0.248765455087251 }, { "id": "uranium", "symbol": "XU3O8", "name": "Uranium³O₈", "metal": "uranium", "market_cap_usd": 8731451.597638791, "price_usd": 5.457157248524244, "volume_24h_usd": 625979.36894186, "missing": false, "point_utc": "2026-07-31T14:00:00.000Z", "weight_pct": 0.17485448888829128 }, { "id": "gold-token-sa-dgld-tokenized-gold", "symbol": "DGLD", "name": "Gold Token SA DGLD", "metal": "gold", "market_cap_usd": 8109654.454270482, "price_usd": 4045.0261288250977, "volume_24h_usd": 15188.041160336872, "missing": false, "point_utc": "2026-07-31T14:00:00.000Z", "weight_pct": 0.16240249044564206 }, { "id": "vnx-gold", "symbol": "VNXAU", "name": "VNX Gold", "metal": "gold", "market_cap_usd": 5720924.784405603, "price_usd": 129.72618558742863, "volume_24h_usd": 18807.59650560786, "missing": false, "point_utc": "2026-07-31T14:00:00.000Z", "weight_pct": 0.11456621707851126 }, { "id": "comtech-gold", "symbol": "CGO", "name": "Comtech Gold", "metal": "gold", "market_cap_usd": 5043805.51142639, "price_usd": 129.32834644683052, "volume_24h_usd": 806433.3706865341, "missing": false, "point_utc": "2026-07-31T14:00:00.000Z", "weight_pct": 0.10100634755747888 }, { "id": "matrixdock-silver", "symbol": "XAGM", "name": "Matrixdock Silver", "metal": "silver", "market_cap_usd": 3963984.8998564905, "price_usd": 60.05378872538877, "volume_24h_usd": 13631.209791634525, "missing": false, "point_utc": "2026-07-31T14:00:00.000Z", "weight_pct": 0.07938205301541713 }, { "id": "gold-dao", "symbol": "GOLDAO", "name": "Gold DAO", "metal": "gold", "market_cap_usd": 2192424.3426735005, "price_usd": 0.003232168667279805, "volume_24h_usd": 932.544716212634, "missing": false, "point_utc": "2026-07-31T14:00:00.000Z", "weight_pct": 0.043905097975701086 }, { "id": "kinka", "symbol": "XNK", "name": "Kinka", "metal": "gold", "market_cap_usd": 1934767.4602964981, "price_usd": 4014.0403740591246, "volume_24h_usd": 34087.23085651009, "missing": false, "point_utc": "2026-07-29T21:00:00.000Z", "stale": true, "weight_pct": 0.038745307307129474 }, { "id": "gold-token", "symbol": "GLDT", "name": "Gold Token", "metal": "gold", "market_cap_usd": 526050.0640127143, "price_usd": 0.8848614844387935, "volume_24h_usd": 1300.3151173965111, "missing": false, "point_utc": "2026-07-31T14:00:00.000Z", "weight_pct": 0.010534584546912041 }, { "id": "gold-fgld-finest-tokenized-gold", "symbol": "FGLD", "name": "fGLD", "metal": "gold", "market_cap_usd": 195509.75455563221, "price_usd": 126.78972409574074, "volume_24h_usd": 253.57944819148148, "missing": false, "point_utc": "2026-07-29T17:00:00.000Z", "stale": true, "weight_pct": 0.003915243396040248 }, { "id": "tenbin-gold", "symbol": "TGLD", "name": "Tenbin Gold", "metal": "gold", "market_cap_usd": 1042700.6531556804, "price_usd": 4036.203319004985, "volume_24h_usd": 24.604901137756542, "missing": false, "point_utc": "2026-07-31T14:00:00.000Z", "weight_pct": 0.020880936890302206 }, { "id": "cobalt-xco", "symbol": "xCo", "name": "Trilitech Cobalt", "metal": "cobalt", "market_cap_usd": 0, "price_usd": 0, "volume_24h_usd": 0, "missing": true, "weight_pct": 0 }, { "id": "nickel-xni", "symbol": "xNi", "name": "Trilitech Nickel", "metal": "nickel", "market_cap_usd": 0, "price_usd": 0, "volume_24h_usd": 0, "missing": true, "weight_pct": 0 }, { "id": "rare-earths-basket-rare", "symbol": "RARE", "name": "Noemon Rare Earths Basket", "metal": "rare-earths", "market_cap_usd": 0, "price_usd": 0, "volume_24h_usd": 0, "missing": true, "weight_pct": 0 } ] }, "index": { "gmri": 95.25, "gmri_ew": 96.2, "base_total_mcap": 5242709473.851643, "today_total_mcap": 4993553012.652152, "active_constituents": 18, "universe_size": 21, "family": { "live": { "TS-GMRI-EW": { "code": "TS-GMRI-EW", "name": "TS-GMRI Equal-Weighted", "n": 18, "value": 96.2, "notes": "Each active constituent weighted 1/N at base." }, "TS-GMRI-CAP20": { "code": "TS-GMRI-CAP20", "name": "TS-GMRI Issuer-Capped 20%", "n": 18, "value": 100.65, "notes": "Single-issuer weight capped at 20%; excess pro-rata to uncapped. Unverified issuers treated standalone." }, "TS-GMRI-AU": { "code": "TS-GMRI-AU", "name": "TS-GMRI Gold", "n": 15, "value": 95.65, "notes": "Subset: tokens backed by physical gold." }, "TS-GMRI-PRE": { "code": "TS-GMRI-PRE", "name": "TS-GMRI Precious", "n": 17, "value": 95.24, "notes": "Subset: gold + silver + platinum + palladium." }, "TS-GMRI-AG": { "code": "TS-GMRI-AG", "name": "TS-GMRI Silver", "n": 2, "value": 87.15, "notes": "Subset: tokens backed by physical silver." } }, "slots": [ { "code": "TS-GMRI-BASE", "name": "TS-GMRI Base Metals", "n": 0, "threshold": 3, "status": "Active constituents: 0. Publish threshold: N>=3.", "reason": "No live retail tokens for base metals as of base date. Methodology slot registered for prior art." }, { "code": "TS-GMRI-BTR", "name": "TS-GMRI Battery Metals", "n": 0, "threshold": 3, "status": "Active constituents: 0. Publish threshold: N>=3.", "reason": "Battery metals are the dominant narrative in commodity tokenization (energy transition, EV supply chain). No live retail tokens as of base date 22 June 2026. Methodology registered for prior art." }, { "code": "TS-GMRI-FE", "name": "TS-GMRI Bulk Ferrous", "n": 0, "threshold": 3, "status": "Active constituents: 0. Publish threshold: N>=3.", "reason": "Iron ore is the largest mined commodity by volume globally. Tokenization pilots discussed (e.g. SGX, Comex) but no live retail tokens at base date. Slot registered for prior art." }, { "code": "TS-GMRI-CRT", "name": "TS-GMRI Critical Materials", "n": 1, "threshold": 3, "status": "Active constituents: 1. Publish threshold: N>=3.", "reason": "A registered methodology slot for strategic critical materials. Four tokens are eligible by metal type: XU3O8 uranium concentrate, Trilitech xCo cobalt, Trilitech xNi nickel and the Noemon RARE basket (hafnium, neodymium, rhenium, indium, praseodymium). Only XU3O8 has a public market price; xCo, xNi and RARE have no public market price, so they cannot be counted. Active constituents: 1. The publication threshold N ≥ 3 is not met, and the index is not published. Critical materials underpin defence, nuclear and clean-energy supply chains. xCo and xNi launched on 25 June 2026 via metals.io; they and the RARE basket enter the calculation automatically once a public market price is available." }, { "code": "TS-GMRI-FA", "name": "TS-GMRI Ferroalloys", "n": 0, "threshold": 3, "status": "Active constituents: 0. Publish threshold: N>=3.", "reason": "Ferroalloys are essential steelmaking inputs but trade physically. No live retail tokens at base date. Slot registered for prior art." }, { "code": "TS-GMRI-LT", "name": "TS-GMRI Light Metals", "n": 0, "threshold": 3, "status": "Active constituents: 0. Publish threshold: N>=3.", "reason": "Light metals overlap partially with base metals (Al) and critical (Ti, Be). Dedicated slot allows aerospace/EV body-panel narrative segmentation. No live retail tokens at base date." }, { "code": "TS-GMRI-MN", "name": "TS-GMRI Minor Metals", "n": 0, "threshold": 3, "status": "Active constituents: 0. Publish threshold: N>=3.", "reason": "Minor metals trade thinly, often as by-products. No retail tokenization exists at base date. Slot registered for prior art." }, { "code": "TS-GMRI-REF", "name": "TS-GMRI Refractory Metals", "n": 0, "threshold": 3, "status": "Active constituents: 0. Publish threshold: N>=3.", "reason": "Refractory metals are strategic for high-temperature alloys and electronics. No live retail tokens at base date. Slot registered for prior art." }, { "code": "TS-GMRI-STL", "name": "TS-GMRI Steel", "n": 0, "threshold": 3, "status": "Active constituents: 0. Publish threshold: N>=3.", "reason": "Steel is the most produced metal globally. SGX iron-ore-linked products and limited steel futures exist; no live retail tokenization at base date. Slot registered for prior art." }, { "code": "TS-GMRI-JUR", "name": "TS-GMRI by Jurisdiction", "threshold_per_jurisdiction": 2, "max_verified_per_jurisdiction": 1, "status": "CH-vault/BVI-issuer: 1 verified issuer(s); US-NYDFS: 1 verified issuer(s); KY/LI: 1 verified issuer(s); SG: 1 verified issuer(s); LI: 1 verified issuer(s); AE-Dubai: 1 verified issuer(s)", "reason": "Awaiting issuer diversification — current map has 1 verified issuer per jurisdiction. Publish threshold: >=2 verified issuers per jurisdiction." } ] }, "per_token": [ { "symbol": "XAUT", "metal": "gold", "base_mcap": 2563785548.523422, "today_mcap": 2464534776.696747, "base_price": 4183.561630896118, "today_price": 4021.6051360987885, "return_pct": -3.8712587284781663 }, { "symbol": "PAXG", "metal": "gold", "base_mcap": 1905168472.2898455, "today_mcap": 1778704191.0944557, "base_price": 4192.532749581879, "today_price": 4024.754410427735, "return_pct": -6.637957904236725 }, { "symbol": "KAU", "metal": "gold", "base_mcap": 306597540.25711286, "today_mcap": 308817313.16128856, "base_price": 128.4862810930633, "today_price": 129.41652458128408, "return_pct": 0.7240021894220572 }, { "symbol": "KAG", "metal": "silver", "base_mcap": 247497505.33844045, "today_mcap": 215603064.57091257, "base_price": 66.49648339812154, "today_price": 57.92723277844315, "return_pct": -12.88677262581448 }, { "symbol": "PGOLD", "metal": "gold", "base_mcap": 81234682.94380227, "today_mcap": 78847864.92633757, "base_price": 4164.802505571079, "today_price": 4042.4332748527654, "return_pct": -2.9381760732861917 }, { "symbol": "XAUM", "metal": "gold", "base_mcap": 64829339.761465766, "today_mcap": 65966038.43731724, "base_price": 4149.36353844632, "today_price": 4039.2696651504066, "return_pct": 1.753370742373539 }, { "symbol": "GGBR", "metal": "gold", "base_mcap": 24655347.962438818, "today_mcap": 31196255.365856554, "base_price": 4.195308142410139, "today_price": 4.050832280964321, "return_pct": 26.52936561018113 }, { "symbol": "GLDY", "metal": "gold", "base_mcap": 12937920.44690255, "today_mcap": 12422234.87694726, "base_price": 4203.725, "today_price": 4036.1710000000003, "return_pct": -3.9858458866838253 }, { "symbol": "XU3O8", "metal": "uranium", "base_mcap": 8625631.128640588, "today_mcap": 8731451.597638791, "base_price": 5.391019455400367, "today_price": 5.457157248524244, "return_pct": 1.2268142170702934 }, { "symbol": "DGLD", "metal": "gold", "base_mcap": 6689874.9709470635, "today_mcap": 8109654.454270482, "base_price": 4171.559020523995, "today_price": 4045.0261288250977, "return_pct": 21.222810433517346 }, { "symbol": "VNXAU", "metal": "gold", "base_mcap": 5948441.188025775, "today_mcap": 5720924.784405603, "base_price": 134.88528771033504, "today_price": 129.72618558742863, "return_pct": -3.824807145747078 }, { "symbol": "CGO", "metal": "gold", "base_mcap": 5256788.688271815, "today_mcap": 5043805.51142639, "base_price": 134.78945354543114, "today_price": 129.32834644683052, "return_pct": -4.051583380564683 }, { "symbol": "XAGM", "metal": "silver", "base_mcap": 4430060.58209477, "today_mcap": 3963984.8998564905, "base_price": 67.13630422341475, "today_price": 60.05378872538877, "return_pct": -10.520751885923286 }, { "symbol": "GOLDAO", "metal": "gold", "base_mcap": 2061583.0358431968, "today_mcap": 2192424.3426735005, "base_price": 0.0030392766417300637, "today_price": 0.003232168667279805, "return_pct": 6.3466425826883555 }, { "symbol": "XNK", "metal": "gold", "base_mcap": 2023853.2400296791, "today_mcap": 1934767.4602964981, "base_price": 4198.865643215102, "today_price": 4014.0403740591246, "return_pct": -4.4017905039337 }, { "symbol": "TGLD", "metal": "gold", "base_mcap": 74837.59942596829, "today_mcap": 1042700.6531556804, "base_price": 3791.0328342676444, "today_price": 4036.203319004985, "return_pct": 1293.2844735180913 }, { "symbol": "GLDT", "metal": "gold", "base_mcap": 698879.6078783438, "today_mcap": 526050.0640127143, "base_price": 1.1757732299433779, "today_price": 0.8848614844387935, "return_pct": -24.72951591623982 }, { "symbol": "FGLD", "metal": "gold", "base_mcap": 193166.28705668196, "today_mcap": 195509.75455563221, "base_price": 125.26996566581191, "today_price": 126.78972409574074, "return_pct": 1.2131865941299447 } ], "date": "2026-07-31", "fetched_at": "2026-07-31T14:00:00.000Z", "valuation": "15:00 Europe/London (minute of the LBMA Gold PM fix); CoinGecko hourly market data: the point nearest that minute within ±30 minutes, otherwise the last earlier point within 7 days (stale); methodology v1.7", "base_date": "2026-06-22", "base_value": 100 } }