{ "snapshot": { "date": "2026-09-02", "fetched_at": "2026-09-02T14:00:00.000Z", "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": 5445748192.469544, "constituents_count": 21, "missing_count": 4, "constituents": [ { "id": "tether-gold", "symbol": "XAUT", "name": "Tether Gold", "metal": "gold", "market_cap_usd": 2684060072.94757, "price_usd": 4379.82449143254, "volume_24h_usd": 325452557.6606835, "missing": false, "point_utc": "2026-09-02T14:00:00.000Z", "weight_pct": 49.28726004370024 }, { "id": "pax-gold", "symbol": "PAXG", "name": "PAX Gold", "metal": "gold", "market_cap_usd": 1893009082.3133779, "price_usd": 4388.945506531026, "volume_24h_usd": 227042831.471818, "missing": false, "point_utc": "2026-09-02T14:00:00.000Z", "weight_pct": 34.761230512476814 }, { "id": "kinesis-gold", "symbol": "KAU", "name": "Kinesis Gold", "metal": "gold", "market_cap_usd": 336072541.4213088, "price_usd": 140.8384130822024, "volume_24h_usd": 644533.167127137, "missing": false, "point_utc": "2026-09-02T14:00:00.000Z", "weight_pct": 6.171283165204637 }, { "id": "kinesis-silver", "symbol": "KAG", "name": "Kinesis Silver", "metal": "silver", "market_cap_usd": 242122506.89202976, "price_usd": 65.05235371096398, "volume_24h_usd": 161188.06500316507, "missing": false, "point_utc": "2026-09-02T14:00:00.000Z", "weight_pct": 4.446083409196923 }, { "id": "pleasing-gold", "symbol": "PGOLD", "name": "Pleasing Gold", "metal": "gold", "market_cap_usd": 84924220.16585429, "price_usd": 4353.960551247582, "volume_24h_usd": 8.308327817371934, "missing": false, "point_utc": "2026-09-02T10:00:00.000Z", "stale": true, "weight_pct": 1.559459181077977 }, { "id": "matrixdock-gold", "symbol": "XAUM", "name": "Matrixdock Gold", "metal": "gold", "market_cap_usd": 71399544.45462951, "price_usd": 4371.977403727473, "volume_24h_usd": 527098.7179406058, "missing": false, "point_utc": "2026-09-02T14:00:00.000Z", "weight_pct": 1.3111062416246455 }, { "id": "goldfish-gold", "symbol": "GGBR", "name": "Goldfish Gold", "metal": "gold", "market_cap_usd": 80560382.0862, "price_usd": 4.006865419930065, "volume_24h_usd": 126938.90055988013, "missing": false, "point_utc": "2026-09-02T14:00:00.000Z", "weight_pct": 1.4793262420322704 }, { "id": "streamex-gldy", "symbol": "GLDY", "name": "Streamex GLDY", "metal": "gold", "market_cap_usd": 13428002.400970079, "price_usd": 4362.96, "volume_24h_usd": 0, "missing": false, "point_utc": "2026-09-02T14:00:00.000Z", "weight_pct": 0.2465777323222272 }, { "id": "uranium", "symbol": "XU3O8", "name": "Uranium³O₈", "metal": "uranium", "market_cap_usd": 8983500.69538474, "price_usd": 5.614687934615463, "volume_24h_usd": 686122.3613487475, "missing": false, "point_utc": "2026-09-02T14:00:00.000Z", "weight_pct": 0.16496357117296112 }, { "id": "gold-token-sa-dgld-tokenized-gold", "symbol": "DGLD", "name": "Gold Token SA DGLD", "metal": "gold", "market_cap_usd": 10425234.702036547, "price_usd": 4322.3172497150845, "volume_24h_usd": 424.8220073844201, "missing": false, "point_utc": "2026-09-02T14:00:00.000Z", "weight_pct": 0.1914380601815689 }, { "id": "vnx-gold", "symbol": "VNXAU", "name": "VNX Gold", "metal": "gold", "market_cap_usd": 6163373.684405289, "price_usd": 140.07667464557474, "volume_24h_usd": 38755.537948809375, "missing": false, "point_utc": "2026-09-02T14:00:00.000Z", "weight_pct": 0.11317772079377608 }, { "id": "comtech-gold", "symbol": "CGO", "name": "Comtech Gold", "metal": "gold", "market_cap_usd": 3369569.390713324, "price_usd": 140.39872461305515, "volume_24h_usd": 891203.3682773056, "missing": false, "point_utc": "2026-09-02T14:00:00.000Z", "weight_pct": 0.061875233147445384 }, { "id": "matrixdock-silver", "symbol": "XAGM", "name": "Matrixdock Silver", "metal": "silver", "market_cap_usd": 4810881.769257732, "price_usd": 65.8773678155982, "volume_24h_usd": 51022.11760791922, "missing": false, "point_utc": "2026-09-02T14:00:00.000Z", "weight_pct": 0.08834197982033552 }, { "id": "gold-dao", "symbol": "GOLDAO", "name": "Gold DAO", "metal": "gold", "market_cap_usd": 4792854.525496938, "price_usd": 0.007065837540031552, "volume_24h_usd": 1281.1234367101758, "missing": false, "point_utc": "2026-09-02T14:00:00.000Z", "weight_pct": 0.08801094645038057 }, { "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": 801815.1736532176, "price_usd": 1.348721906901964, "volume_24h_usd": 3445.048763612478, "missing": false, "point_utc": "2026-09-02T14:00:00.000Z", "weight_pct": 0.014723691682292227 }, { "id": "gold-fgld-finest-tokenized-gold", "symbol": "FGLD", "name": "fGLD", "metal": "gold", "market_cap_usd": 216761.69981212393, "price_usd": 140.57178976142927, "volume_24h_usd": 140.57178976142927, "missing": false, "point_utc": "2026-09-02T08:00:00.000Z", "stale": true, "weight_pct": 0.003980384185076074 }, { "id": "tenbin-gold", "symbol": "TGLD", "name": "Tenbin Gold", "metal": "gold", "market_cap_usd": 607848.1468428188, "price_usd": 4349.901701420605, "volume_24h_usd": 21.946329470715476, "missing": false, "point_utc": "2026-09-02T14:00:00.000Z", "weight_pct": 0.011161884930400557 }, { "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": 103.91, "gmri_ew": 112.59, "base_total_mcap": 5240685620.611613, "today_total_mcap": 5445748192.469544, "active_constituents": 17, "universe_size": 21, "family": { "live": { "TS-GMRI-EW": { "code": "TS-GMRI-EW", "name": "TS-GMRI Equal-Weighted", "n": 17, "value": 112.59, "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": 130.76, "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": 104.21, "notes": "Subset: tokens backed by physical gold." }, "TS-GMRI-PRE": { "code": "TS-GMRI-PRE", "name": "TS-GMRI Precious", "n": 16, "value": 103.91, "notes": "Subset: gold + silver + platinum + palladium." }, "TS-GMRI-AG": { "code": "TS-GMRI-AG", "name": "TS-GMRI Silver", "n": 2, "value": 98.02, "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": 2684060072.94757, "base_price": 4183.561630896118, "today_price": 4379.82449143254, "return_pct": 4.691286464791045 }, { "symbol": "PAXG", "metal": "gold", "base_mcap": 1905168472.2898455, "today_mcap": 1893009082.3133779, "base_price": 4192.532749581879, "today_price": 4388.945506531026, "return_pct": -0.6382317445056795 }, { "symbol": "KAU", "metal": "gold", "base_mcap": 306597540.25711286, "today_mcap": 336072541.4213088, "base_price": 128.4862810930633, "today_price": 140.8384130822024, "return_pct": 9.613580441473268 }, { "symbol": "KAG", "metal": "silver", "base_mcap": 247497505.33844045, "today_mcap": 242122506.89202976, "base_price": 66.49648339812154, "today_price": 65.05235371096398, "return_pct": -2.171738433912962 }, { "symbol": "PGOLD", "metal": "gold", "base_mcap": 81234682.94380227, "today_mcap": 84924220.16585429, "base_price": 4164.802505571079, "today_price": 4353.960551247582, "return_pct": 4.5418251027143475 }, { "symbol": "GGBR", "metal": "gold", "base_mcap": 24655347.962438818, "today_mcap": 80560382.0862, "base_price": 4.195308142410139, "today_price": 4.006865419930065, "return_pct": 226.74607638444076 }, { "symbol": "XAUM", "metal": "gold", "base_mcap": 64829339.761465766, "today_mcap": 71399544.45462951, "base_price": 4149.36353844632, "today_price": 4371.977403727473, "return_pct": 10.134616081759074 }, { "symbol": "GLDY", "metal": "gold", "base_mcap": 12937920.44690255, "today_mcap": 13428002.400970079, "base_price": 4203.725, "today_price": 4362.96, "return_pct": 3.787949972940652 }, { "symbol": "DGLD", "metal": "gold", "base_mcap": 6689874.9709470635, "today_mcap": 10425234.702036547, "base_price": 4171.559020523995, "today_price": 4322.3172497150845, "return_pct": 55.83601707522914 }, { "symbol": "XU3O8", "metal": "uranium", "base_mcap": 8625631.128640588, "today_mcap": 8983500.69538474, "base_price": 5.391019455400367, "today_price": 5.614687934615463, "return_pct": 4.148908774407012 }, { "symbol": "VNXAU", "metal": "gold", "base_mcap": 5948441.188025775, "today_mcap": 6163373.684405289, "base_price": 134.88528771033504, "today_price": 140.07667464557474, "return_pct": 3.6132574835264997 }, { "symbol": "XAGM", "metal": "silver", "base_mcap": 4430060.58209477, "today_mcap": 4810881.769257732, "base_price": 67.13630422341475, "today_price": 65.8773678155982, "return_pct": 8.59629750216393 }, { "symbol": "GOLDAO", "metal": "gold", "base_mcap": 2061583.0358431968, "today_mcap": 4792854.525496938, "base_price": 0.0030392766417300637, "today_price": 0.007065837540031552, "return_pct": 132.4841853161951 }, { "symbol": "CGO", "metal": "gold", "base_mcap": 5256788.688271815, "today_mcap": 3369569.390713324, "base_price": 134.78945354543114, "today_price": 140.39872461305515, "return_pct": -35.90061175121954 }, { "symbol": "GLDT", "metal": "gold", "base_mcap": 698879.6078783438, "today_mcap": 801815.1736532176, "base_price": 1.1757732299433779, "today_price": 1.348721906901964, "return_pct": 14.728654923466046 }, { "symbol": "TGLD", "metal": "gold", "base_mcap": 74837.59942596829, "today_mcap": 607848.1468428188, "base_price": 3791.0328342676444, "today_price": 4349.901701420605, "return_pct": 712.2229354031075 }, { "symbol": "FGLD", "metal": "gold", "base_mcap": 193166.28705668196, "today_mcap": 216761.69981212393, "base_price": 125.26996566581191, "today_price": 140.57178976142927, "return_pct": 12.215078063036033 } ], "date": "2026-09-02", "fetched_at": "2026-09-02T14:00:00.000Z", "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 } }