{ "snapshot": { "date": "2026-09-06", "fetched_at": "2026-09-06T14:00:00.000Z", "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": 5514523206.159992, "constituents_count": 21, "missing_count": 4, "constituents": [ { "id": "tether-gold", "symbol": "XAUT", "name": "Tether Gold", "metal": "gold", "market_cap_usd": 2709554667.582968, "price_usd": 4421.426336006994, "volume_24h_usd": 78095554.55153646, "missing": false, "point_utc": "2026-09-06T14:00:00.000Z", "weight_pct": 49.13488557916055 }, { "id": "pax-gold", "symbol": "PAXG", "name": "PAX Gold", "metal": "gold", "market_cap_usd": 1914580210.6816664, "price_usd": 4426.741051611859, "volume_24h_usd": 51203727.40905169, "missing": false, "point_utc": "2026-09-06T14:00:00.000Z", "weight_pct": 34.71887122612861 }, { "id": "kinesis-gold", "symbol": "KAU", "name": "Kinesis Gold", "metal": "gold", "market_cap_usd": 343768503.6193351, "price_usd": 144.06357125349098, "volume_24h_usd": 4624.810089345638, "missing": false, "point_utc": "2026-09-06T14:00:00.000Z", "weight_pct": 6.233875364516172 }, { "id": "kinesis-silver", "symbol": "KAG", "name": "Kinesis Silver", "metal": "silver", "market_cap_usd": 243874481.5202052, "price_usd": 65.52306613942702, "volume_24h_usd": 33933.768627834594, "missing": false, "point_utc": "2026-09-06T14:00:00.000Z", "weight_pct": 4.422403758275702 }, { "id": "pleasing-gold", "symbol": "PGOLD", "name": "Pleasing Gold", "metal": "gold", "market_cap_usd": 86642863.66367322, "price_usd": 4442.07329430896, "volume_24h_usd": 1.9942180263633509, "missing": false, "point_utc": "2026-09-06T14:00:00.000Z", "weight_pct": 1.5711759734166848 }, { "id": "matrixdock-gold", "symbol": "XAUM", "name": "Matrixdock Gold", "metal": "gold", "market_cap_usd": 72232442.36399323, "price_usd": 4422.97798223062, "volume_24h_usd": 499831.9623589338, "missing": false, "point_utc": "2026-09-06T14:00:00.000Z", "weight_pct": 1.3098583442954064 }, { "id": "goldfish-gold", "symbol": "GGBR", "name": "Goldfish Gold", "metal": "gold", "market_cap_usd": 88238423.57352903, "price_usd": 4.37889615760443, "volume_24h_usd": 80743.96750648058, "missing": false, "point_utc": "2026-09-06T14:00:00.000Z", "weight_pct": 1.600109751554992 }, { "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": "2026-09-06T14:00:00.000Z", "weight_pct": 0.24914321912062576 }, { "id": "uranium", "symbol": "XU3O8", "name": "Uranium³O₈", "metal": "uranium", "market_cap_usd": 9009272.586729974, "price_usd": 5.630795366706233, "volume_24h_usd": 456501.4335762466, "missing": false, "point_utc": "2026-09-06T14:00:00.000Z", "weight_pct": 0.1633735547012691 }, { "id": "gold-token-sa-dgld-tokenized-gold", "symbol": "DGLD", "name": "Gold Token SA DGLD", "metal": "gold", "market_cap_usd": 10675622.969471833, "price_usd": 4426.128584269538, "volume_24h_usd": 54.975428370877204, "missing": false, "point_utc": "2026-09-06T14:00:00.000Z", "weight_pct": 0.1935910426044928 }, { "id": "vnx-gold", "symbol": "VNXAU", "name": "VNX Gold", "metal": "gold", "market_cap_usd": 6227339.813747091, "price_usd": 141.53045031243389, "volume_24h_usd": 18020.248170298142, "missing": false, "point_utc": "2026-09-06T14:00:00.000Z", "weight_pct": 0.11292616933392986 }, { "id": "comtech-gold", "symbol": "CGO", "name": "Comtech Gold", "metal": "gold", "market_cap_usd": 3384673.210413598, "price_usd": 141.02805043389992, "volume_24h_usd": 902476.5723001428, "missing": false, "point_utc": "2026-09-06T14:00:00.000Z", "weight_pct": 0.06137744069392531 }, { "id": "matrixdock-silver", "symbol": "XAGM", "name": "Matrixdock Silver", "metal": "silver", "market_cap_usd": 4911274.708454109, "price_usd": 67.24987520708957, "volume_24h_usd": 14837.446719465077, "missing": false, "point_utc": "2026-09-06T14:00:00.000Z", "weight_pct": 0.08906073154190329 }, { "id": "gold-dao", "symbol": "GOLDAO", "name": "Gold DAO", "metal": "gold", "market_cap_usd": 6012021.583583952, "price_usd": 0.00886318739089269, "volume_24h_usd": 1414.3587717330884, "missing": false, "point_utc": "2026-09-06T14:00:00.000Z", "weight_pct": 0.10902160275376535 }, { "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": 849964.3158744931, "price_usd": 1.429714818580905, "volume_24h_usd": 7235.277764544113, "missing": false, "point_utc": "2026-09-06T14:00:00.000Z", "weight_pct": 0.015413196827697477 }, { "id": "gold-fgld-finest-tokenized-gold", "symbol": "FGLD", "name": "fGLD", "metal": "gold", "market_cap_usd": 201058.28689901187, "price_usd": 130.38799409793248, "volume_24h_usd": 130.38799409793248, "missing": false, "point_utc": "2026-09-05T15:00:00.000Z", "stale": true, "weight_pct": 0.0036459777098121547 }, { "id": "tenbin-gold", "symbol": "TGLD", "name": "Tenbin Gold", "metal": "gold", "market_cap_usd": 621325.0444651977, "price_usd": 4446.345492854284, "volume_24h_usd": 8.057742534316272, "missing": false, "point_utc": "2026-09-06T04:00:00.000Z", "stale": true, "weight_pct": 0.011267067364430478 }, { "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": 105.23, "gmri_ew": 117.68, "base_total_mcap": 5240685620.611613, "today_total_mcap": 5514523206.159992, "active_constituents": 17, "universe_size": 21, "family": { "live": { "TS-GMRI-EW": { "code": "TS-GMRI-EW", "name": "TS-GMRI Equal-Weighted", "n": 17, "value": 117.68, "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": 137.55, "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": 105.55, "notes": "Subset: tokens backed by physical gold." }, "TS-GMRI-PRE": { "code": "TS-GMRI-PRE", "name": "TS-GMRI Precious", "n": 16, "value": 105.23, "notes": "Subset: gold + silver + platinum + palladium." }, "TS-GMRI-AG": { "code": "TS-GMRI-AG", "name": "TS-GMRI Silver", "n": 2, "value": 98.75, "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": 2709554667.582968, "base_price": 4183.561630896118, "today_price": 4421.426336006994, "return_pct": 5.685698600785871 }, { "symbol": "PAXG", "metal": "gold", "base_mcap": 1905168472.2898455, "today_mcap": 1914580210.6816664, "base_price": 4192.532749581879, "today_price": 4426.741051611859, "return_pct": 0.49401081997273444 }, { "symbol": "KAU", "metal": "gold", "base_mcap": 306597540.25711286, "today_mcap": 343768503.6193351, "base_price": 128.4862810930633, "today_price": 144.06357125349098, "return_pct": 12.123699143525624 }, { "symbol": "KAG", "metal": "silver", "base_mcap": 247497505.33844045, "today_mcap": 243874481.5202052, "base_price": 66.49648339812154, "today_price": 65.52306613942702, "return_pct": -1.463862762285606 }, { "symbol": "GGBR", "metal": "gold", "base_mcap": 24655347.962438818, "today_mcap": 88238423.57352903, "base_price": 4.195308142410139, "today_price": 4.37889615760443, "return_pct": 257.88756138406904 }, { "symbol": "PGOLD", "metal": "gold", "base_mcap": 81234682.94380227, "today_mcap": 86642863.66367322, "base_price": 4164.802505571079, "today_price": 4442.07329430896, "return_pct": 6.657477476230578 }, { "symbol": "XAUM", "metal": "gold", "base_mcap": 64829339.761465766, "today_mcap": 72232442.36399323, "base_price": 4149.36353844632, "today_price": 4422.97798223062, "return_pct": 11.41937065804861 }, { "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": 10675622.969471833, "base_price": 4171.559020523995, "today_price": 4426.128584269538, "return_pct": 59.578811499978144 }, { "symbol": "XU3O8", "metal": "uranium", "base_mcap": 8625631.128640588, "today_mcap": 9009272.586729974, "base_price": 5.391019455400367, "today_price": 5.630795366706233, "return_pct": 4.447691448519531 }, { "symbol": "VNXAU", "metal": "gold", "base_mcap": 5948441.188025775, "today_mcap": 6227339.813747091, "base_price": 134.88528771033504, "today_price": 141.53045031243389, "return_pct": 4.688600204751792 }, { "symbol": "GOLDAO", "metal": "gold", "base_mcap": 2061583.0358431968, "today_mcap": 6012021.583583952, "base_price": 0.0030392766417300637, "today_price": 0.00886318739089269, "return_pct": 191.62160723373472 }, { "symbol": "XAGM", "metal": "silver", "base_mcap": 4430060.58209477, "today_mcap": 4911274.708454109, "base_price": 67.13630422341475, "today_price": 67.24987520708957, "return_pct": 10.86247281367414 }, { "symbol": "CGO", "metal": "gold", "base_mcap": 5256788.688271815, "today_mcap": 3384673.210413598, "base_price": 134.78945354543114, "today_price": 141.02805043389992, "return_pct": -35.6132914765056 }, { "symbol": "GLDT", "metal": "gold", "base_mcap": 698879.6078783438, "today_mcap": 849964.3158744931, "base_price": 1.1757732299433779, "today_price": 1.429714818580905, "return_pct": 21.618130832978764 }, { "symbol": "TGLD", "metal": "gold", "base_mcap": 74837.59942596829, "today_mcap": 621325.0444651977, "base_price": 3791.0328342676444, "today_price": 4446.345492854284, "return_pct": 730.2311261063792 }, { "symbol": "FGLD", "metal": "gold", "base_mcap": 193166.28705668196, "today_mcap": 201058.28689901187, "base_price": 125.26996566581191, "today_price": 130.38799409793248, "return_pct": 4.085598974118154 } ], "date": "2026-09-06", "fetched_at": "2026-09-06T14:00:00.000Z", "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 } }