{ "snapshot": { "date": "2026-09-05", "fetched_at": "2026-09-05T14:00:00.000Z", "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": 5520196711.693375, "constituents_count": 21, "missing_count": 4, "constituents": [ { "id": "tether-gold", "symbol": "XAUT", "name": "Tether Gold", "metal": "gold", "market_cap_usd": 2711695201.5875015, "price_usd": 4424.919239668983, "volume_24h_usd": 117953553.76380336, "missing": false, "point_utc": "2026-09-05T14:00:00.000Z", "weight_pct": 49.12316251055594 }, { "id": "pax-gold", "symbol": "PAXG", "name": "PAX Gold", "metal": "gold", "market_cap_usd": 1916450053.860226, "price_usd": 4431.064355233419, "volume_24h_usd": 72492362.33327964, "missing": false, "point_utc": "2026-09-05T14:00:00.000Z", "weight_pct": 34.71706089387413 }, { "id": "kinesis-gold", "symbol": "KAU", "name": "Kinesis Gold", "metal": "gold", "market_cap_usd": 343094904.2259829, "price_usd": 143.78128496728726, "volume_24h_usd": 19055.144438636467, "missing": false, "point_utc": "2026-09-05T14:00:00.000Z", "weight_pct": 6.215265907086401 }, { "id": "kinesis-silver", "symbol": "KAG", "name": "Kinesis Silver", "metal": "silver", "market_cap_usd": 246675571.39905965, "price_usd": 66.27564999424683, "volume_24h_usd": 48430.92352568645, "missing": false, "point_utc": "2026-09-05T14:00:00.000Z", "weight_pct": 4.4686011075751955 }, { "id": "pleasing-gold", "symbol": "PGOLD", "name": "Pleasing Gold", "metal": "gold", "market_cap_usd": 86598423.28959787, "price_usd": 4439.794890866116, "volume_24h_usd": 7.8705521758955275, "missing": false, "point_utc": "2026-09-04T21:00:00.000Z", "stale": true, "weight_pct": 1.5687561116464805 }, { "id": "matrixdock-gold", "symbol": "XAUM", "name": "Matrixdock Gold", "metal": "gold", "market_cap_usd": 72225896.56346986, "price_usd": 4422.577166051028, "volume_24h_usd": 517454.5800044743, "missing": false, "point_utc": "2026-09-05T14:00:00.000Z", "weight_pct": 1.3083935289928075 }, { "id": "goldfish-gold", "symbol": "GGBR", "name": "Goldfish Gold", "metal": "gold", "market_cap_usd": 88450336.04036357, "price_usd": 4.399291359890869, "volume_24h_usd": 82206.1955239142, "missing": false, "point_utc": "2026-09-05T14:00:00.000Z", "weight_pct": 1.602304060161482 }, { "id": "streamex-gldy", "symbol": "GLDY", "name": "Streamex GLDY", "metal": "gold", "market_cap_usd": 13739060.634980945, "price_usd": 4464.0275, "volume_24h_usd": 0, "missing": false, "point_utc": "2026-09-05T14:00:00.000Z", "weight_pct": 0.24888715660943092 }, { "id": "uranium", "symbol": "XU3O8", "name": "Uranium³O₈", "metal": "uranium", "market_cap_usd": 9030489.969254646, "price_usd": 5.644056230784154, "volume_24h_usd": 506083.36159664305, "missing": false, "point_utc": "2026-09-05T14:00:00.000Z", "weight_pct": 0.16359000305415664 }, { "id": "gold-token-sa-dgld-tokenized-gold", "symbol": "DGLD", "name": "Gold Token SA DGLD", "metal": "gold", "market_cap_usd": 10653561.817483759, "price_usd": 4416.981999035537, "volume_24h_usd": 458.20685328929943, "missing": false, "point_utc": "2026-09-05T14:00:00.000Z", "weight_pct": 0.1929924307754546 }, { "id": "vnx-gold", "symbol": "VNXAU", "name": "VNX Gold", "metal": "gold", "market_cap_usd": 6254040.336355242, "price_usd": 142.13728037171003, "volume_24h_usd": 15640.1692573303, "missing": false, "point_utc": "2026-09-05T14:00:00.000Z", "weight_pct": 0.11329379482269851 }, { "id": "comtech-gold", "symbol": "CGO", "name": "Comtech Gold", "metal": "gold", "market_cap_usd": 3381746.489398915, "price_usd": 140.9061037249548, "volume_24h_usd": 862193.1754506903, "missing": false, "point_utc": "2026-09-05T14:00:00.000Z", "weight_pct": 0.06126134023875267 }, { "id": "matrixdock-silver", "symbol": "XAGM", "name": "Matrixdock Silver", "metal": "silver", "market_cap_usd": 4861200.503966866, "price_usd": 66.56475912556049, "volume_24h_usd": 11697.666049907806, "missing": false, "point_utc": "2026-09-05T14:00:00.000Z", "weight_pct": 0.0880620883250308 }, { "id": "gold-dao", "symbol": "GOLDAO", "name": "Gold DAO", "metal": "gold", "market_cap_usd": 5474126.416734101, "price_usd": 0.008070198610968237, "volume_24h_usd": 872.0275821621296, "missing": false, "point_utc": "2026-09-05T14:00:00.000Z", "weight_pct": 0.0991654229483945 }, { "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": 789085.0430464592, "price_usd": 1.3273100747392834, "volume_24h_usd": 3661.3961242878063, "missing": false, "point_utc": "2026-09-05T14:00:00.000Z", "weight_pct": 0.014294509494108222 }, { "id": "gold-fgld-finest-tokenized-gold", "symbol": "FGLD", "name": "fGLD", "metal": "gold", "market_cap_usd": 205069.16947705555, "price_usd": 132.98908526397895, "volume_24h_usd": 398.7989566448061, "missing": false, "point_utc": "2026-09-05T14:00:00.000Z", "weight_pct": 0.0037148888017461347 }, { "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": 0.011194245037815981 }, { "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": 105.33, "gmri_ew": 115.77, "base_total_mcap": 5240685620.611613, "today_total_mcap": 5520196711.693375, "active_constituents": 17, "universe_size": 21, "family": { "live": { "TS-GMRI-EW": { "code": "TS-GMRI-EW", "name": "TS-GMRI Equal-Weighted", "n": 17, "value": 115.77, "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": 137.52, "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": 105.61, "notes": "Subset: tokens backed by physical gold." }, "TS-GMRI-PRE": { "code": "TS-GMRI-PRE", "name": "TS-GMRI Precious", "n": 16, "value": 105.33, "notes": "Subset: gold + silver + platinum + palladium." }, "TS-GMRI-AG": { "code": "TS-GMRI-AG", "name": "TS-GMRI Silver", "n": 2, "value": 99.84, "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": 2711695201.5875015, "base_price": 4183.561630896118, "today_price": 4424.919239668983, "return_pct": 5.769189749480663 }, { "symbol": "PAXG", "metal": "gold", "base_mcap": 1905168472.2898455, "today_mcap": 1916450053.860226, "base_price": 4192.532749581879, "today_price": 4431.064355233419, "return_pct": 0.5921566378232601 }, { "symbol": "KAU", "metal": "gold", "base_mcap": 306597540.25711286, "today_mcap": 343094904.2259829, "base_price": 128.4862810930633, "today_price": 143.78128496728726, "return_pct": 11.90399764403307 }, { "symbol": "KAG", "metal": "silver", "base_mcap": 247497505.33844045, "today_mcap": 246675571.39905965, "base_price": 66.49648339812154, "today_price": 66.27564999424683, "return_pct": -0.3320978683226894 }, { "symbol": "GGBR", "metal": "gold", "base_mcap": 24655347.962438818, "today_mcap": 88450336.04036357, "base_price": 4.195308142410139, "today_price": 4.399291359890869, "return_pct": 258.7470603745411 }, { "symbol": "PGOLD", "metal": "gold", "base_mcap": 81234682.94380227, "today_mcap": 86598423.28959787, "base_price": 4164.802505571079, "today_price": 4439.794890866116, "return_pct": 6.60277131814031 }, { "symbol": "XAUM", "metal": "gold", "base_mcap": 64829339.761465766, "today_mcap": 72225896.56346986, "base_price": 4149.36353844632, "today_price": 4422.577166051028, "return_pct": 11.409273685678611 }, { "symbol": "GLDY", "metal": "gold", "base_mcap": 12937920.44690255, "today_mcap": 13739060.634980945, "base_price": 4203.725, "today_price": 4464.0275, "return_pct": 6.192186691565205 }, { "symbol": "DGLD", "metal": "gold", "base_mcap": 6689874.9709470635, "today_mcap": 10653561.817483759, "base_price": 4171.559020523995, "today_price": 4416.981999035537, "return_pct": 59.249042227998004 }, { "symbol": "XU3O8", "metal": "uranium", "base_mcap": 8625631.128640588, "today_mcap": 9030489.969254646, "base_price": 5.391019455400367, "today_price": 5.644056230784154, "return_pct": 4.693672087017053 }, { "symbol": "VNXAU", "metal": "gold", "base_mcap": 5948441.188025775, "today_mcap": 6254040.336355242, "base_price": 134.88528771033504, "today_price": 142.13728037171003, "return_pct": 5.137466080099085 }, { "symbol": "GOLDAO", "metal": "gold", "base_mcap": 2061583.0358431968, "today_mcap": 5474126.416734101, "base_price": 0.0030392766417300637, "today_price": 0.008070198610968237, "return_pct": 165.53024164244533 }, { "symbol": "XAGM", "metal": "silver", "base_mcap": 4430060.58209477, "today_mcap": 4861200.503966866, "base_price": 67.13630422341475, "today_price": 66.56475912556049, "return_pct": 9.732145054960629 }, { "symbol": "CGO", "metal": "gold", "base_mcap": 5256788.688271815, "today_mcap": 3381746.489398915, "base_price": 134.78945354543114, "today_price": 140.9061037249548, "return_pct": -35.668966550932936 }, { "symbol": "GLDT", "metal": "gold", "base_mcap": 698879.6078783438, "today_mcap": 789085.0430464592, "base_price": 1.1757732299433779, "today_price": 1.3273100747392834, "return_pct": 12.907149407601226 }, { "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": 205069.16947705555, "base_price": 125.26996566581191, "today_price": 132.98908526397895, "return_pct": 6.161987478115605 } ], "date": "2026-09-05", "fetched_at": "2026-09-05T14:00:00.000Z", "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 } }