{ "snapshot": { "date": "2026-09-04", "fetched_at": "2026-09-04T14:00:00.000Z", "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": 5498853986.683932, "constituents_count": 21, "missing_count": 4, "constituents": [ { "id": "tether-gold", "symbol": "XAUT", "name": "Tether Gold", "metal": "gold", "market_cap_usd": 2703832451.570319, "price_usd": 4412.088876652015, "volume_24h_usd": 319462230.64058185, "missing": false, "point_utc": "2026-09-04T14:00:00.000Z", "weight_pct": 49.1708355616996 }, { "id": "pax-gold", "symbol": "PAXG", "name": "PAX Gold", "metal": "gold", "market_cap_usd": 1908778256.8565693, "price_usd": 4417.425050577768, "volume_24h_usd": 203584054.40106526, "missing": false, "point_utc": "2026-09-04T14:00:00.000Z", "weight_pct": 34.71229207902013 }, { "id": "kinesis-gold", "symbol": "KAU", "name": "Kinesis Gold", "metal": "gold", "market_cap_usd": 339808288.66369784, "price_usd": 142.4039581608606, "volume_24h_usd": 374525.0533338774, "missing": false, "point_utc": "2026-09-04T14:00:00.000Z", "weight_pct": 6.179620144244241 }, { "id": "kinesis-silver", "symbol": "KAG", "name": "Kinesis Silver", "metal": "silver", "market_cap_usd": 245107004.55021134, "price_usd": 65.85421471844211, "volume_24h_usd": 351845.5047136952, "missing": false, "point_utc": "2026-09-04T14:00:00.000Z", "weight_pct": 4.457419766805308 }, { "id": "pleasing-gold", "symbol": "PGOLD", "name": "Pleasing Gold", "metal": "gold", "market_cap_usd": 87020408.8591444, "price_usd": 4461.429573167738, "volume_24h_usd": 7.908904599836136, "missing": false, "point_utc": "2026-09-04T14:00:00.000Z", "weight_pct": 1.5825189952283456 }, { "id": "matrixdock-gold", "symbol": "XAUM", "name": "Matrixdock Gold", "metal": "gold", "market_cap_usd": 72092248.5621123, "price_usd": 4414.393555639589, "volume_24h_usd": 545479.8042522067, "missing": false, "point_utc": "2026-09-04T14:00:00.000Z", "weight_pct": 1.3110413321883334 }, { "id": "goldfish-gold", "symbol": "GGBR", "name": "Goldfish Gold", "metal": "gold", "market_cap_usd": 87932462.55789913, "price_usd": 4.373533669881837, "volume_24h_usd": 86534.14229494473, "missing": false, "point_utc": "2026-09-04T14:00:00.000Z", "weight_pct": 1.599105245762791 }, { "id": "streamex-gldy", "symbol": "GLDY", "name": "Streamex GLDY", "metal": "gold", "market_cap_usd": 13635810.568387039, "price_usd": 4430.48, "volume_24h_usd": 0, "missing": false, "point_utc": "2026-09-04T14:00:00.000Z", "weight_pct": 0.24797549819303485 }, { "id": "uranium", "symbol": "XU3O8", "name": "Uranium³O₈", "metal": "uranium", "market_cap_usd": 9063762.649624562, "price_usd": 5.664851656015351, "volume_24h_usd": 538286.2620055132, "missing": false, "point_utc": "2026-09-04T14:00:00.000Z", "weight_pct": 0.16483002952203205 }, { "id": "gold-token-sa-dgld-tokenized-gold", "symbol": "DGLD", "name": "Gold Token SA DGLD", "metal": "gold", "market_cap_usd": 10608937.124221144, "price_usd": 4398.480537249304, "volume_24h_usd": 17589.11604601915, "missing": false, "point_utc": "2026-09-04T14:00:00.000Z", "weight_pct": 0.19292996595130238 }, { "id": "vnx-gold", "symbol": "VNXAU", "name": "VNX Gold", "metal": "gold", "market_cap_usd": 6216203.258834645, "price_usd": 141.2773467916965, "volume_24h_usd": 43923.8066668246, "missing": false, "point_utc": "2026-09-04T14:00:00.000Z", "weight_pct": 0.11304543226439276 }, { "id": "comtech-gold", "symbol": "CGO", "name": "Comtech Gold", "metal": "gold", "market_cap_usd": 3412657.4124851017, "price_usd": 142.1940588535459, "volume_24h_usd": 902936.5204346318, "missing": false, "point_utc": "2026-09-04T14:00:00.000Z", "weight_pct": 0.062061248048215494 }, { "id": "matrixdock-silver", "symbol": "XAGM", "name": "Matrixdock Silver", "metal": "silver", "market_cap_usd": 4959321.380077983, "price_usd": 67.90889408165091, "volume_24h_usd": 12092.288034384923, "missing": false, "point_utc": "2026-09-04T14:00:00.000Z", "weight_pct": 0.09018827181240881 }, { "id": "gold-dao", "symbol": "GOLDAO", "name": "Gold DAO", "metal": "gold", "market_cap_usd": 4794841.705757726, "price_usd": 0.0070687671288206105, "volume_24h_usd": 737.9726268969796, "missing": false, "point_utc": "2026-09-04T14:00:00.000Z", "weight_pct": 0.08719710902251546 }, { "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": 773743.2203182643, "price_usd": 1.3015029110493632, "volume_24h_usd": 3304.9393221692567, "missing": false, "point_utc": "2026-09-04T14:00:00.000Z", "weight_pct": 0.014070990468049651 }, { "id": "gold-fgld-finest-tokenized-gold", "symbol": "FGLD", "name": "fGLD", "metal": "gold", "market_cap_usd": 199643.3977955107, "price_usd": 129.47042658593432, "volume_24h_usd": 1165.195513267706, "missing": false, "point_utc": "2026-09-04T14:00:00.000Z", "weight_pct": 0.003630636461323918 }, { "id": "tenbin-gold", "symbol": "TGLD", "name": "Tenbin Gold", "metal": "gold", "market_cap_usd": 617944.3464764166, "price_usd": 4422.152437385134, "volume_24h_usd": 3.4994874609744078, "missing": false, "point_utc": "2026-09-04T09:00:00.000Z", "stale": true, "weight_pct": 0.011237693307966267 }, { "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": 104.93, "gmri_ew": 113.47, "base_total_mcap": 5240685620.611613, "today_total_mcap": 5498853986.683932, "active_constituents": 17, "universe_size": 21, "family": { "live": { "TS-GMRI-EW": { "code": "TS-GMRI-EW", "name": "TS-GMRI Equal-Weighted", "n": 17, "value": 113.47, "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": 136.55, "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": 105.21, "notes": "Subset: tokens backed by physical gold." }, "TS-GMRI-PRE": { "code": "TS-GMRI-PRE", "name": "TS-GMRI Precious", "n": 16, "value": 104.93, "notes": "Subset: gold + silver + platinum + palladium." }, "TS-GMRI-AG": { "code": "TS-GMRI-AG", "name": "TS-GMRI Silver", "n": 2, "value": 99.26, "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": 2703832451.570319, "base_price": 4183.561630896118, "today_price": 4412.088876652015, "return_pct": 5.462504581459848 }, { "symbol": "PAXG", "metal": "gold", "base_mcap": 1905168472.2898455, "today_mcap": 1908778256.8565693, "base_price": 4192.532749581879, "today_price": 4417.425050577768, "return_pct": 0.18947324707641044 }, { "symbol": "KAU", "metal": "gold", "base_mcap": 306597540.25711286, "today_mcap": 339808288.66369784, "base_price": 128.4862810930633, "today_price": 142.4039581608606, "return_pct": 10.832033544279064 }, { "symbol": "KAG", "metal": "silver", "base_mcap": 247497505.33844045, "today_mcap": 245107004.55021134, "base_price": 66.49648339812154, "today_price": 65.85421471844211, "return_pct": -0.9658686397506222 }, { "symbol": "GGBR", "metal": "gold", "base_mcap": 24655347.962438818, "today_mcap": 87932462.55789913, "base_price": 4.195308142410139, "today_price": 4.373533669881837, "return_pct": 256.64660945714417 }, { "symbol": "PGOLD", "metal": "gold", "base_mcap": 81234682.94380227, "today_mcap": 87020408.8591444, "base_price": 4164.802505571079, "today_price": 4461.429573167738, "return_pct": 7.122236101228685 }, { "symbol": "XAUM", "metal": "gold", "base_mcap": 64829339.761465766, "today_mcap": 72092248.5621123, "base_price": 4149.36353844632, "today_price": 4414.393555639589, "return_pct": 11.20312011100193 }, { "symbol": "GLDY", "metal": "gold", "base_mcap": 12937920.44690255, "today_mcap": 13635810.568387039, "base_price": 4203.725, "today_price": 4430.48, "return_pct": 5.394144479003726 }, { "symbol": "DGLD", "metal": "gold", "base_mcap": 6689874.9709470635, "today_mcap": 10608937.124221144, "base_price": 4171.559020523995, "today_price": 4398.480537249304, "return_pct": 58.5819939878379 }, { "symbol": "XU3O8", "metal": "uranium", "base_mcap": 8625631.128640588, "today_mcap": 9063762.649624562, "base_price": 5.391019455400367, "today_price": 5.664851656015351, "return_pct": 5.07941406779151 }, { "symbol": "VNXAU", "metal": "gold", "base_mcap": 5948441.188025775, "today_mcap": 6216203.258834645, "base_price": 134.88528771033504, "today_price": 141.2773467916965, "return_pct": 4.501382166270296 }, { "symbol": "XAGM", "metal": "silver", "base_mcap": 4430060.58209477, "today_mcap": 4959321.380077983, "base_price": 67.13630422341475, "today_price": 67.90889408165091, "return_pct": 11.94703296208537 }, { "symbol": "GOLDAO", "metal": "gold", "base_mcap": 2061583.0358431968, "today_mcap": 4794841.705757726, "base_price": 0.0030392766417300637, "today_price": 0.0070687671288206105, "return_pct": 132.58057630439387 }, { "symbol": "CGO", "metal": "gold", "base_mcap": 5256788.688271815, "today_mcap": 3412657.4124851017, "base_price": 134.78945354543114, "today_price": 142.1940588535459, "return_pct": -35.08094742139952 }, { "symbol": "GLDT", "metal": "gold", "base_mcap": 698879.6078783438, "today_mcap": 773743.2203182643, "base_price": 1.1757732299433779, "today_price": 1.3015029110493632, "return_pct": 10.711946892711776 }, { "symbol": "TGLD", "metal": "gold", "base_mcap": 74837.59942596829, "today_mcap": 617944.3464764166, "base_price": 3791.0328342676444, "today_price": 4422.152437385134, "return_pct": 725.7137471221356 }, { "symbol": "FGLD", "metal": "gold", "base_mcap": 193166.28705668196, "today_mcap": 199643.3977955107, "base_price": 125.26996566581191, "today_price": 129.47042658593432, "return_pct": 3.353126903002557 } ], "date": "2026-09-04", "fetched_at": "2026-09-04T14:00:00.000Z", "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 } }