{ "snapshot": { "date": "2026-09-08", "fetched_at": "2026-09-08T14:00:00.000Z", "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": 5480389887.456877, "constituents_count": 21, "missing_count": 4, "constituents": [ { "id": "tether-gold", "symbol": "XAUT", "name": "Tether Gold", "metal": "gold", "market_cap_usd": 2691596477.564129, "price_usd": 4392.122327032285, "volume_24h_usd": 517475872.70699406, "missing": false, "point_utc": "2026-09-08T14:00:00.000Z", "weight_pct": 49.113229767182474 }, { "id": "pax-gold", "symbol": "PAXG", "name": "PAX Gold", "metal": "gold", "market_cap_usd": 1902212489.152856, "price_usd": 4398.145383328525, "volume_24h_usd": 103276128.18468496, "missing": false, "point_utc": "2026-09-08T14:00:00.000Z", "weight_pct": 34.709437252019306 }, { "id": "kinesis-gold", "symbol": "KAU", "name": "Kinesis Gold", "metal": "gold", "market_cap_usd": 338164613.8501329, "price_usd": 141.71514094483146, "volume_24h_usd": 162690.1560856254, "missing": false, "point_utc": "2026-09-08T14:00:00.000Z", "weight_pct": 6.17044810304646 }, { "id": "kinesis-silver", "symbol": "KAG", "name": "Kinesis Silver", "metal": "silver", "market_cap_usd": 246164846.75957322, "price_usd": 66.13843086363708, "volume_24h_usd": 425659.0742726541, "missing": false, "point_utc": "2026-09-08T14:00:00.000Z", "weight_pct": 4.4917396720802225 }, { "id": "pleasing-gold", "symbol": "PGOLD", "name": "Pleasing Gold", "metal": "gold", "market_cap_usd": 86641007.36737958, "price_usd": 4441.97812427598, "volume_24h_usd": 1.9941753008649714, "missing": false, "point_utc": "2026-09-06T17:00:00.000Z", "stale": true, "weight_pct": 1.5809278016091026 }, { "id": "matrixdock-gold", "symbol": "XAUM", "name": "Matrixdock Gold", "metal": "gold", "market_cap_usd": 71660654.30084646, "price_usd": 4387.965930429072, "volume_24h_usd": 503143.832810168, "missing": false, "point_utc": "2026-09-08T14:00:00.000Z", "weight_pct": 1.3075831423026711 }, { "id": "goldfish-gold", "symbol": "GGBR", "name": "Goldfish Gold", "metal": "gold", "market_cap_usd": 88561753.30139738, "price_usd": 4.394941631284297, "volume_24h_usd": 95021.40445190828, "missing": false, "point_utc": "2026-09-08T14:00:00.000Z", "weight_pct": 1.6159754163493218 }, { "id": "streamex-gldy", "symbol": "GLDY", "name": "Streamex GLDY", "metal": "gold", "market_cap_usd": 13559901.494909966, "price_usd": 4405.816, "volume_24h_usd": 0, "missing": false, "point_utc": "2026-09-08T14:00:00.000Z", "weight_pct": 0.2474258542434161 }, { "id": "uranium", "symbol": "XU3O8", "name": "Uranium³O₈", "metal": "uranium", "market_cap_usd": 8995119.110053375, "price_usd": 5.62194944378336, "volume_24h_usd": 495188.32423767686, "missing": false, "point_utc": "2026-09-08T14:00:00.000Z", "weight_pct": 0.16413283169215312 }, { "id": "gold-token-sa-dgld-tokenized-gold", "symbol": "DGLD", "name": "Gold Token SA DGLD", "metal": "gold", "market_cap_usd": 10653701.959882172, "price_usd": 4417.040102274782, "volume_24h_usd": 61.007017452754724, "missing": false, "point_utc": "2026-09-08T14:00:00.000Z", "weight_pct": 0.19439678889025033 }, { "id": "vnx-gold", "symbol": "VNXAU", "name": "VNX Gold", "metal": "gold", "market_cap_usd": 6227201.104658875, "price_usd": 141.52729783315624, "volume_24h_usd": 15121.11907504063, "missing": false, "point_utc": "2026-09-08T14:00:00.000Z", "weight_pct": 0.11362697239682247 }, { "id": "comtech-gold", "symbol": "CGO", "name": "Comtech Gold", "metal": "gold", "market_cap_usd": 3392217.153536163, "price_usd": 141.34238139734012, "volume_24h_usd": 883789.8826727303, "missing": false, "point_utc": "2026-09-08T14:00:00.000Z", "weight_pct": 0.06189736904120683 }, { "id": "matrixdock-silver", "symbol": "XAGM", "name": "Matrixdock Silver", "metal": "silver", "market_cap_usd": 4871751.776231994, "price_usd": 66.70759127126887, "volume_24h_usd": 24729.711553699366, "missing": false, "point_utc": "2026-09-08T14:00:00.000Z", "weight_pct": 0.08889425526789818 }, { "id": "gold-dao", "symbol": "GOLDAO", "name": "Gold DAO", "metal": "gold", "market_cap_usd": 6010989.920846663, "price_usd": 0.008861666468181807, "volume_24h_usd": 2580.5511760640134, "missing": false, "point_utc": "2026-09-08T14:00:00.000Z", "weight_pct": 0.1096817935272121 }, { "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": 859969.2638766965, "price_usd": 1.4465428054491811, "volume_24h_usd": 6503.110833303154, "missing": false, "point_utc": "2026-09-08T14:00:00.000Z", "weight_pct": 0.015691753352164457 }, { "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": 0.003668685823962628 }, { "id": "tenbin-gold", "symbol": "TGLD", "name": "Tenbin Gold", "metal": "gold", "market_cap_usd": 616135.0896695341, "price_usd": 4409.204977886504, "volume_24h_usd": 10.757839069839088, "missing": false, "point_utc": "2026-09-07T09:00:00.000Z", "stale": true, "weight_pct": 0.011242541175395202 }, { "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": 104.57, "gmri_ew": 117.41, "base_total_mcap": 5240685620.611613, "today_total_mcap": 5480389887.456877, "active_constituents": 17, "universe_size": 21, "family": { "live": { "TS-GMRI-EW": { "code": "TS-GMRI-EW", "name": "TS-GMRI Equal-Weighted", "n": 17, "value": 117.41, "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": 137.31, "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": 104.82, "notes": "Subset: tokens backed by physical gold." }, "TS-GMRI-PRE": { "code": "TS-GMRI-PRE", "name": "TS-GMRI Precious", "n": 16, "value": 104.57, "notes": "Subset: gold + silver + platinum + palladium." }, "TS-GMRI-AG": { "code": "TS-GMRI-AG", "name": "TS-GMRI Silver", "n": 2, "value": 99.65, "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": 2691596477.564129, "base_price": 4183.561630896118, "today_price": 4392.122327032285, "return_pct": 4.985242588418437 }, { "symbol": "PAXG", "metal": "gold", "base_mcap": 1905168472.2898455, "today_mcap": 1902212489.152856, "base_price": 4192.532749581879, "today_price": 4398.145383328525, "return_pct": -0.15515599696211968 }, { "symbol": "KAU", "metal": "gold", "base_mcap": 306597540.25711286, "today_mcap": 338164613.8501329, "base_price": 128.4862810930633, "today_price": 141.71514094483146, "return_pct": 10.295931782932065 }, { "symbol": "KAG", "metal": "silver", "base_mcap": 247497505.33844045, "today_mcap": 246164846.75957322, "base_price": 66.49648339812154, "today_price": 66.13843086363708, "return_pct": -0.5384533379618861 }, { "symbol": "GGBR", "metal": "gold", "base_mcap": 24655347.962438818, "today_mcap": 88561753.30139738, "base_price": 4.195308142410139, "today_price": 4.394941631284297, "return_pct": 259.1989593345702 }, { "symbol": "PGOLD", "metal": "gold", "base_mcap": 81234682.94380227, "today_mcap": 86641007.36737958, "base_price": 4164.802505571079, "today_price": 4441.97812427598, "return_pct": 6.65519237308696 }, { "symbol": "XAUM", "metal": "gold", "base_mcap": 64829339.761465766, "today_mcap": 71660654.30084646, "base_price": 4149.36353844632, "today_price": 4387.965930429072, "return_pct": 10.537381013775482 }, { "symbol": "GLDY", "metal": "gold", "base_mcap": 12937920.44690255, "today_mcap": 13559901.494909966, "base_price": 4203.725, "today_price": 4405.816, "return_pct": 4.807426746516463 }, { "symbol": "DGLD", "metal": "gold", "base_mcap": 6689874.9709470635, "today_mcap": 10653701.959882172, "base_price": 4171.559020523995, "today_price": 4417.040102274782, "return_pct": 59.25113707131005 }, { "symbol": "XU3O8", "metal": "uranium", "base_mcap": 8625631.128640588, "today_mcap": 8995119.110053375, "base_price": 5.391019455400367, "today_price": 5.62194944378336, "return_pct": 4.283605175115102 }, { "symbol": "VNXAU", "metal": "gold", "base_mcap": 5948441.188025775, "today_mcap": 6227201.104658875, "base_price": 134.88528771033504, "today_price": 141.52729783315624, "return_pct": 4.686268348659883 }, { "symbol": "GOLDAO", "metal": "gold", "base_mcap": 2061583.0358431968, "today_mcap": 6010989.920846663, "base_price": 0.0030392766417300637, "today_price": 0.008861666468181807, "return_pct": 191.57156497400752 }, { "symbol": "XAGM", "metal": "silver", "base_mcap": 4430060.58209477, "today_mcap": 4871751.776231994, "base_price": 67.13630422341475, "today_price": 66.70759127126887, "return_pct": 9.970319501327651 }, { "symbol": "CGO", "metal": "gold", "base_mcap": 5256788.688271815, "today_mcap": 3392217.153536163, "base_price": 134.78945354543114, "today_price": 141.34238139734012, "return_pct": -35.4697828903721 }, { "symbol": "GLDT", "metal": "gold", "base_mcap": 698879.6078783438, "today_mcap": 859969.2638766965, "base_price": 1.1757732299433779, "today_price": 1.4465428054491811, "return_pct": 23.049700432294507 }, { "symbol": "TGLD", "metal": "gold", "base_mcap": 74837.59942596829, "today_mcap": 616135.0896695341, "base_price": 3791.0328342676444, "today_price": 4409.204977886504, "return_pct": 723.296169833767 }, { "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": "2026-09-08", "fetched_at": "2026-09-08T14:00:00.000Z", "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 } }