{ "snapshot": { "date": "2026-09-01", "fetched_at": "2026-09-01T14:00:00.000Z", "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": 5431192445.408694, "constituents_count": 21, "missing_count": 4, "constituents": [ { "id": "tether-gold", "symbol": "XAUT", "name": "Tether Gold", "metal": "gold", "market_cap_usd": 2673301189.8000665, "price_usd": 4362.2682450635275, "volume_24h_usd": 265752209.9058575, "missing": false, "point_utc": "2026-09-01T14:00:00.000Z", "weight_pct": 49.22125696466463 }, { "id": "pax-gold", "symbol": "PAXG", "name": "PAX Gold", "metal": "gold", "market_cap_usd": 1885150784.80365, "price_usd": 4370.726027360775, "volume_24h_usd": 140317936.68484297, "missing": false, "point_utc": "2026-09-01T14:00:00.000Z", "weight_pct": 34.70970332486153 }, { "id": "kinesis-gold", "symbol": "KAU", "name": "Kinesis Gold", "metal": "gold", "market_cap_usd": 335843260.18146855, "price_usd": 140.74232785657804, "volume_24h_usd": 48787.156703037894, "missing": false, "point_utc": "2026-09-01T14:00:00.000Z", "weight_pct": 6.1836008124767625 }, { "id": "kinesis-silver", "symbol": "KAG", "name": "Kinesis Silver", "metal": "silver", "market_cap_usd": 243258947.66104144, "price_usd": 65.35768735312008, "volume_24h_usd": 405051.04960148956, "missing": false, "point_utc": "2026-09-01T14:00:00.000Z", "weight_pct": 4.478923369152247 }, { "id": "pleasing-gold", "symbol": "PGOLD", "name": "Pleasing Gold", "metal": "gold", "market_cap_usd": 85454263.46092494, "price_usd": 4381.135220531372, "volume_24h_usd": 1.1529644001294825, "missing": false, "point_utc": "2026-08-30T08:00:00.000Z", "stale": true, "weight_pct": 1.5733978186165072 }, { "id": "matrixdock-gold", "symbol": "XAUM", "name": "Matrixdock Gold", "metal": "gold", "market_cap_usd": 71220124.57727784, "price_usd": 4360.991064030873, "volume_24h_usd": 437470.4043171838, "missing": false, "point_utc": "2026-09-01T14:00:00.000Z", "weight_pct": 1.3113165348704297 }, { "id": "goldfish-gold", "symbol": "GGBR", "name": "Goldfish Gold", "metal": "gold", "market_cap_usd": 83833822.24491645, "price_usd": 4.1696778822907445, "volume_24h_usd": 554283.0774724402, "missing": false, "point_utc": "2026-09-01T14:00:00.000Z", "weight_pct": 1.5435619909912437 }, { "id": "streamex-gldy", "symbol": "GLDY", "name": "Streamex GLDY", "metal": "gold", "market_cap_usd": 13416146.994262584, "price_usd": 4359.108, "volume_24h_usd": 0, "missing": false, "point_utc": "2026-09-01T14:00:00.000Z", "weight_pct": 0.24702028383479652 }, { "id": "uranium", "symbol": "XU3O8", "name": "Uranium³O₈", "metal": "uranium", "market_cap_usd": 8891476.822276419, "price_usd": 5.557173013922762, "volume_24h_usd": 654860.0078315334, "missing": false, "point_utc": "2026-09-01T14:00:00.000Z", "weight_pct": 0.16371131959783355 }, { "id": "gold-token-sa-dgld-tokenized-gold", "symbol": "DGLD", "name": "Gold Token SA DGLD", "metal": "gold", "market_cap_usd": 10719305.819743559, "price_usd": 4444.239556601827, "volume_24h_usd": 32.02864289556682, "missing": false, "point_utc": "2026-09-01T14:00:00.000Z", "weight_pct": 0.19736560483702278 }, { "id": "vnx-gold", "symbol": "VNXAU", "name": "VNX Gold", "metal": "gold", "market_cap_usd": 6220953.429508396, "price_usd": 141.3853052160999, "volume_24h_usd": 27063.073004814087, "missing": false, "point_utc": "2026-09-01T14:00:00.000Z", "weight_pct": 0.11454120788460245 }, { "id": "comtech-gold", "symbol": "CGO", "name": "Comtech Gold", "metal": "gold", "market_cap_usd": 3356859.995468811, "price_usd": 139.86916647786714, "volume_24h_usd": 887502.0312103569, "missing": false, "point_utc": "2026-09-01T14:00:00.000Z", "weight_pct": 0.06180705304056316 }, { "id": "matrixdock-silver", "symbol": "XAGM", "name": "Matrixdock Silver", "metal": "silver", "market_cap_usd": 4837293.800058983, "price_usd": 66.23958370590246, "volume_24h_usd": 9555.748748137823, "missing": false, "point_utc": "2026-09-01T14:00:00.000Z", "weight_pct": 0.08906504140077437 }, { "id": "gold-dao", "symbol": "GOLDAO", "name": "Gold DAO", "metal": "gold", "market_cap_usd": 4077562.2079149894, "price_usd": 0.006011322056037663, "volume_24h_usd": 118.24161810108045, "missing": false, "point_utc": "2026-09-01T14:00:00.000Z", "weight_pct": 0.07507673957239339 }, { "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": 797466.9329268385, "price_usd": 1.3414077929803845, "volume_24h_usd": 32595.223175037478, "missing": false, "point_utc": "2026-09-01T14:00:00.000Z", "weight_pct": 0.01468309106964133 }, { "id": "gold-fgld-finest-tokenized-gold", "symbol": "FGLD", "name": "fGLD", "metal": "gold", "market_cap_usd": 204306.83443788634, "price_usd": 132.49470456412863, "volume_24h_usd": 529.9788182565145, "missing": false, "point_utc": "2026-08-31T16:00:00.000Z", "stale": true, "weight_pct": 0.0037617307155189995 }, { "id": "tenbin-gold", "symbol": "TGLD", "name": "Tenbin Gold", "metal": "gold", "market_cap_usd": 608679.8427486152, "price_usd": 4355.925315316425, "volume_24h_usd": 33.68618149591879, "missing": false, "point_utc": "2026-09-01T14:00:00.000Z", "weight_pct": 0.011207112413465812 }, { "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": 103.64, "gmri_ew": 110.54, "base_total_mcap": 5240685620.611613, "today_total_mcap": 5431192445.408694, "active_constituents": 17, "universe_size": 21, "family": { "live": { "TS-GMRI-EW": { "code": "TS-GMRI-EW", "name": "TS-GMRI Equal-Weighted", "n": 17, "value": 110.54, "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": 132.65, "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": 14, "value": 103.9, "notes": "Subset: tokens backed by physical gold." }, "TS-GMRI-PRE": { "code": "TS-GMRI-PRE", "name": "TS-GMRI Precious", "n": 16, "value": 103.64, "notes": "Subset: gold + silver + platinum + palladium." }, "TS-GMRI-AG": { "code": "TS-GMRI-AG", "name": "TS-GMRI Silver", "n": 2, "value": 98.48, "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": 2673301189.8000665, "base_price": 4183.561630896118, "today_price": 4362.2682450635275, "return_pct": 4.271638138366085 }, { "symbol": "PAXG", "metal": "gold", "base_mcap": 1905168472.2898455, "today_mcap": 1885150784.80365, "base_price": 4192.532749581879, "today_price": 4370.726027360775, "return_pct": -1.0507043223393242 }, { "symbol": "KAU", "metal": "gold", "base_mcap": 306597540.25711286, "today_mcap": 335843260.18146855, "base_price": 128.4862810930633, "today_price": 140.74232785657804, "return_pct": 9.538797962902844 }, { "symbol": "KAG", "metal": "silver", "base_mcap": 247497505.33844045, "today_mcap": 243258947.66104144, "base_price": 66.49648339812154, "today_price": 65.35768735312008, "return_pct": -1.7125658182303716 }, { "symbol": "PGOLD", "metal": "gold", "base_mcap": 81234682.94380227, "today_mcap": 85454263.46092494, "base_price": 4164.802505571079, "today_price": 4381.135220531372, "return_pct": 5.1943090859870145 }, { "symbol": "GGBR", "metal": "gold", "base_mcap": 24655347.962438818, "today_mcap": 83833822.24491645, "base_price": 4.195308142410139, "today_price": 4.1696778822907445, "return_pct": 240.02287200583444 }, { "symbol": "XAUM", "metal": "gold", "base_mcap": 64829339.761465766, "today_mcap": 71220124.57727784, "base_price": 4149.36353844632, "today_price": 4360.991064030873, "return_pct": 9.857858863481317 }, { "symbol": "GLDY", "metal": "gold", "base_mcap": 12937920.44690255, "today_mcap": 13416146.994262584, "base_price": 4203.725, "today_price": 4359.108, "return_pct": 3.69631695698458 }, { "symbol": "DGLD", "metal": "gold", "base_mcap": 6689874.9709470635, "today_mcap": 10719305.819743559, "base_price": 4171.559020523995, "today_price": 4444.239556601827, "return_pct": 60.231781106457085 }, { "symbol": "XU3O8", "metal": "uranium", "base_mcap": 8625631.128640588, "today_mcap": 8891476.822276419, "base_price": 5.391019455400367, "today_price": 5.557173013922762, "return_pct": 3.082043385244182 }, { "symbol": "VNXAU", "metal": "gold", "base_mcap": 5948441.188025775, "today_mcap": 6220953.429508396, "base_price": 134.88528771033504, "today_price": 141.3853052160999, "return_pct": 4.581237888527645 }, { "symbol": "XAGM", "metal": "silver", "base_mcap": 4430060.58209477, "today_mcap": 4837293.800058983, "base_price": 67.13630422341475, "today_price": 66.23958370590246, "return_pct": 9.192497719109106 }, { "symbol": "GOLDAO", "metal": "gold", "base_mcap": 2061583.0358431968, "today_mcap": 4077562.2079149894, "base_price": 0.0030392766417300637, "today_price": 0.006011322056037663, "return_pct": 97.7879201090364 }, { "symbol": "CGO", "metal": "gold", "base_mcap": 5256788.688271815, "today_mcap": 3356859.995468811, "base_price": 134.78945354543114, "today_price": 139.86916647786714, "return_pct": -36.142382839961776 }, { "symbol": "GLDT", "metal": "gold", "base_mcap": 698879.6078783438, "today_mcap": 797466.9329268385, "base_price": 1.1757732299433779, "today_price": 1.3414077929803845, "return_pct": 14.106481851400087 }, { "symbol": "TGLD", "metal": "gold", "base_mcap": 74837.59942596829, "today_mcap": 608679.8427486152, "base_price": 3791.0328342676444, "today_price": 4355.925315316425, "return_pct": 713.3342696951956 }, { "symbol": "FGLD", "metal": "gold", "base_mcap": 193166.28705668196, "today_mcap": 204306.83443788634, "base_price": 125.26996566581191, "today_price": 132.49470456412863, "return_pct": 5.767335258628914 } ], "date": "2026-09-01", "fetched_at": "2026-09-01T14:00:00.000Z", "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 } }