{ "snapshot": { "date": "2026-08-23", "fetched_at": "2026-08-23T14:00:00.000Z", "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": 5658823153.252466, "constituents_count": 21, "missing_count": 4, "constituents": [ { "id": "tether-gold", "symbol": "XAUT", "name": "Tether Gold", "metal": "gold", "market_cap_usd": 2811761672.7354927, "price_usd": 4588.206785101563, "volume_24h_usd": 94190607.68494143, "missing": false, "point_utc": "2026-08-23T14:00:00.000Z", "weight_pct": 49.6880993907612 }, { "id": "pax-gold", "symbol": "PAXG", "name": "PAX Gold", "metal": "gold", "market_cap_usd": 1994202447.0217106, "price_usd": 4602.296593001449, "volume_24h_usd": 89265240.37410346, "missing": false, "point_utc": "2026-08-23T14:00:00.000Z", "weight_pct": 35.24058612567743 }, { "id": "kinesis-gold", "symbol": "KAU", "name": "Kinesis Gold", "metal": "gold", "market_cap_usd": 354649179.0205372, "price_usd": 148.62335186004395, "volume_24h_usd": 21.327450991916304, "missing": false, "point_utc": "2026-08-22T19:00:00.000Z", "stale": true, "weight_pct": 6.267189650849912 }, { "id": "kinesis-silver", "symbol": "KAG", "name": "Kinesis Silver", "metal": "silver", "market_cap_usd": 186536745.2674755, "price_usd": 50.11782873470345, "volume_24h_usd": 1443.299377104572, "missing": false, "point_utc": "2026-08-23T14:00:00.000Z", "weight_pct": 3.296387609502545 }, { "id": "pleasing-gold", "symbol": "PGOLD", "name": "Pleasing Gold", "metal": "gold", "market_cap_usd": 89200248.46391056, "price_usd": 4573.187274665185, "volume_24h_usd": 16.03846126569053, "missing": false, "point_utc": "2026-08-23T14:00:00.000Z", "weight_pct": 1.5763038718154994 }, { "id": "matrixdock-gold", "symbol": "XAUM", "name": "Matrixdock Gold", "metal": "gold", "market_cap_usd": 74847712.03588708, "price_usd": 4583.117544972832, "volume_24h_usd": 908886.0750523087, "missing": false, "point_utc": "2026-08-23T14:00:00.000Z", "weight_pct": 1.3226727538369456 }, { "id": "goldfish-gold", "symbol": "GGBR", "name": "Goldfish Gold", "metal": "gold", "market_cap_usd": 92399152.32126051, "price_usd": 4.606050292790631, "volume_24h_usd": 114326.51955085006, "missing": false, "point_utc": "2026-08-23T14:00:00.000Z", "weight_pct": 1.6328333616178332 }, { "id": "streamex-gldy", "symbol": "GLDY", "name": "Streamex GLDY", "metal": "gold", "market_cap_usd": 14170703.88849823, "price_usd": 4604.274887, "volume_24h_usd": 0, "missing": false, "point_utc": "2026-08-23T14:00:00.000Z", "weight_pct": 0.25041786082948136 }, { "id": "uranium", "symbol": "XU3O8", "name": "Uranium³O₈", "metal": "uranium", "market_cap_usd": 8948196.720629431, "price_usd": 5.592622950393395, "volume_24h_usd": 577967.9788057678, "missing": false, "point_utc": "2026-08-23T14:00:00.000Z", "weight_pct": 0.1581282269880861 }, { "id": "gold-token-sa-dgld-tokenized-gold", "symbol": "DGLD", "name": "Gold Token SA DGLD", "metal": "gold", "market_cap_usd": 11098806.5018409, "price_usd": 4601.5810833290425, "volume_24h_usd": 147.50509037766378, "missing": false, "point_utc": "2026-08-23T14:00:00.000Z", "weight_pct": 0.19613276826758136 }, { "id": "vnx-gold", "symbol": "VNXAU", "name": "VNX Gold", "metal": "gold", "market_cap_usd": 6497303.871754486, "price_usd": 147.3311535545235, "volume_24h_usd": 35790.830820952266, "missing": false, "point_utc": "2026-08-23T14:00:00.000Z", "weight_pct": 0.1148172278191817 }, { "id": "comtech-gold", "symbol": "CGO", "name": "Comtech Gold", "metal": "gold", "market_cap_usd": 3520634.703178393, "price_usd": 146.69311263243304, "volume_24h_usd": 929503.3050218961, "missing": false, "point_utc": "2026-08-23T14:00:00.000Z", "weight_pct": 0.06221496250779409 }, { "id": "matrixdock-silver", "symbol": "XAGM", "name": "Matrixdock Silver", "metal": "silver", "market_cap_usd": 5034087.006231859, "price_usd": 68.93948180822952, "volume_24h_usd": 22704.93130731698, "missing": false, "point_utc": "2026-08-23T14:00:00.000Z", "weight_pct": 0.0889599634040245 }, { "id": "gold-dao", "symbol": "GOLDAO", "name": "Gold DAO", "metal": "gold", "market_cap_usd": 4268470.907914436, "price_usd": 0.0062927680819912365, "volume_24h_usd": 596.4246265168457, "missing": false, "point_utc": "2026-08-23T14:00:00.000Z", "weight_pct": 0.07543036409365593 }, { "id": "kinka", "symbol": "XNK", "name": "Kinka", "metal": "gold", "market_cap_usd": 0, "price_usd": 0, "volume_24h_usd": 0, "missing": true, "weight_pct": 0 }, { "id": "gold-token", "symbol": "GLDT", "name": "Gold Token", "metal": "gold", "market_cap_usd": 837817.3408239223, "price_usd": 1.4092806405785068, "volume_24h_usd": 10296.316307520783, "missing": false, "point_utc": "2026-08-23T14:00:00.000Z", "weight_pct": 0.014805504928041058 }, { "id": "gold-fgld-finest-tokenized-gold", "symbol": "FGLD", "name": "fGLD", "metal": "gold", "market_cap_usd": 207799.12351998535, "price_usd": 134.7594834759957, "volume_24h_usd": 538.787743915023, "missing": false, "point_utc": "2026-08-23T12:00:00.000Z", "stale": true, "weight_pct": 0.003672126127506754 }, { "id": "tenbin-gold", "symbol": "TGLD", "name": "Tenbin Gold", "metal": "gold", "market_cap_usd": 642176.32180152, "price_usd": 4594.260166490162, "volume_24h_usd": 31.986340651905703, "missing": false, "point_utc": "2026-08-21T22:00:00.000Z", "stale": true, "weight_pct": 0.011348230973297381 }, { "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": 107.98, "gmri_ew": 114.15, "base_total_mcap": 5240685620.611613, "today_total_mcap": 5658823153.252466, "active_constituents": 17, "universe_size": 21, "family": { "live": { "TS-GMRI-EW": { "code": "TS-GMRI-EW", "name": "TS-GMRI Equal-Weighted", "n": 17, "value": 114.15, "notes": "Each active constituent weighted 1/N at base." }, "TS-GMRI-CAP20": { "code": "TS-GMRI-CAP20", "name": "TS-GMRI Issuer-Capped 20%", "n": 17, "value": 140.82, "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": 14, "value": 109.6, "notes": "Subset: tokens backed by physical gold." }, "TS-GMRI-PRE": { "code": "TS-GMRI-PRE", "name": "TS-GMRI Precious", "n": 16, "value": 107.99, "notes": "Subset: gold + silver + platinum + palladium." }, "TS-GMRI-AG": { "code": "TS-GMRI-AG", "name": "TS-GMRI Silver", "n": 2, "value": 76.04, "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": 2811761672.7354927, "base_price": 4183.561630896118, "today_price": 4588.206785101563, "return_pct": 9.672264685121167 }, { "symbol": "PAXG", "metal": "gold", "base_mcap": 1905168472.2898455, "today_mcap": 1994202447.0217106, "base_price": 4192.532749581879, "today_price": 4602.296593001449, "return_pct": 4.67328617006002 }, { "symbol": "KAU", "metal": "gold", "base_mcap": 306597540.25711286, "today_mcap": 354649179.0205372, "base_price": 128.4862810930633, "today_price": 148.62335186004395, "return_pct": 15.672545423269924 }, { "symbol": "KAG", "metal": "silver", "base_mcap": 247497505.33844045, "today_mcap": 186536745.2674755, "base_price": 66.49648339812154, "today_price": 50.11782873470345, "return_pct": -24.630858394958032 }, { "symbol": "GGBR", "metal": "gold", "base_mcap": 24655347.962438818, "today_mcap": 92399152.32126051, "base_price": 4.195308142410139, "today_price": 4.606050292790631, "return_pct": 274.763124260205 }, { "symbol": "PGOLD", "metal": "gold", "base_mcap": 81234682.94380227, "today_mcap": 89200248.46391056, "base_price": 4164.802505571079, "today_price": 4573.187274665185, "return_pct": 9.805621480198102 }, { "symbol": "XAUM", "metal": "gold", "base_mcap": 64829339.761465766, "today_mcap": 74847712.03588708, "base_price": 4149.36353844632, "today_price": 4583.117544972832, "return_pct": 15.453454117044974 }, { "symbol": "GLDY", "metal": "gold", "base_mcap": 12937920.44690255, "today_mcap": 14170703.88849823, "base_price": 4203.725, "today_price": 4604.274887, "return_pct": 9.528451242647872 }, { "symbol": "DGLD", "metal": "gold", "base_mcap": 6689874.9709470635, "today_mcap": 11098806.5018409, "base_price": 4171.559020523995, "today_price": 4601.5810833290425, "return_pct": 65.9045430600877 }, { "symbol": "XU3O8", "metal": "uranium", "base_mcap": 8625631.128640588, "today_mcap": 8948196.720629431, "base_price": 5.391019455400367, "today_price": 5.592622950393395, "return_pct": 3.7396172776018144 }, { "symbol": "VNXAU", "metal": "gold", "base_mcap": 5948441.188025775, "today_mcap": 6497303.871754486, "base_price": 134.88528771033504, "today_price": 147.3311535545235, "return_pct": 9.227000257371177 }, { "symbol": "XAGM", "metal": "silver", "base_mcap": 4430060.58209477, "today_mcap": 5034087.006231859, "base_price": 67.13630422341475, "today_price": 68.93948180822952, "return_pct": 13.634721533570392 }, { "symbol": "GOLDAO", "metal": "gold", "base_mcap": 2061583.0358431968, "today_mcap": 4268470.907914436, "base_price": 0.0030392766417300637, "today_price": 0.0062927680819912365, "return_pct": 107.04821652592868 }, { "symbol": "CGO", "metal": "gold", "base_mcap": 5256788.688271815, "today_mcap": 3520634.703178393, "base_price": 134.78945354543114, "today_price": 146.69311263243304, "return_pct": -33.02689318607912 }, { "symbol": "GLDT", "metal": "gold", "base_mcap": 698879.6078783438, "today_mcap": 837817.3408239223, "base_price": 1.1757732299433779, "today_price": 1.4092806405785068, "return_pct": 19.88006680683747 }, { "symbol": "TGLD", "metal": "gold", "base_mcap": 74837.59942596829, "today_mcap": 642176.32180152, "base_price": 3791.0328342676444, "today_price": 4594.260166490162, "return_pct": 758.0931600255042 }, { "symbol": "FGLD", "metal": "gold", "base_mcap": 193166.28705668196, "today_mcap": 207799.12351998535, "base_price": 125.26996566581191, "today_price": 134.7594834759957, "return_pct": 7.575253780702207 } ], "date": "2026-08-23", "fetched_at": "2026-08-23T14:00:00.000Z", "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 } }