{ "snapshot": { "date": "2026-09-16", "fetched_at": "2026-09-16T14:00:00.000Z", "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": 5446117485.951169, "constituents_count": 21, "missing_count": 4, "constituents": [ { "id": "tether-gold", "symbol": "XAUT", "name": "Tether Gold", "metal": "gold", "market_cap_usd": 2698773733.3034205, "price_usd": 4333.126547137473, "volume_24h_usd": 169315580.24399856, "missing": false, "point_utc": "2026-09-16T14:00:00.000Z", "weight_pct": 49.554085828394086 }, { "id": "pax-gold", "symbol": "PAXG", "name": "PAX Gold", "metal": "gold", "market_cap_usd": 1885228892.9947076, "price_usd": 4338.853019908003, "volume_24h_usd": 167888211.2895159, "missing": false, "point_utc": "2026-09-16T14:00:00.000Z", "weight_pct": 34.61601586557494 }, { "id": "kinesis-gold", "symbol": "KAU", "name": "Kinesis Gold", "metal": "gold", "market_cap_usd": 333317946.92444986, "price_usd": 139.68404112434516, "volume_24h_usd": 61864.25974303641, "missing": false, "point_utc": "2026-09-16T14:00:00.000Z", "weight_pct": 6.120285649075298 }, { "id": "kinesis-silver", "symbol": "KAG", "name": "Kinesis Silver", "metal": "silver", "market_cap_usd": 240017938.56133613, "price_usd": 64.4869080396195, "volume_24h_usd": 91361.72904614169, "missing": false, "point_utc": "2026-09-16T14:00:00.000Z", "weight_pct": 4.407138464796024 }, { "id": "pleasing-gold", "symbol": "PGOLD", "name": "Pleasing Gold", "metal": "gold", "market_cap_usd": 84254643.5458564, "price_usd": 4319.632179626212, "volume_24h_usd": 7.150162400277553, "missing": false, "point_utc": "2026-09-15T17:00:00.000Z", "stale": true, "weight_pct": 1.5470588683259237 }, { "id": "matrixdock-gold", "symbol": "XAUM", "name": "Matrixdock Gold", "metal": "gold", "market_cap_usd": 71309525.53146246, "price_usd": 4323.907291553617, "volume_24h_usd": 493304.1941009526, "missing": false, "point_utc": "2026-09-16T14:00:00.000Z", "weight_pct": 1.3093644365075277 }, { "id": "goldfish-gold", "symbol": "GGBR", "name": "Goldfish Gold", "metal": "gold", "market_cap_usd": 81414700.43910468, "price_usd": 4.039147619923689, "volume_24h_usd": 35040.29333846025, "missing": false, "point_utc": "2026-09-16T14:00:00.000Z", "weight_pct": 1.494912672176508 }, { "id": "streamex-gldy", "symbol": "GLDY", "name": "Streamex GLDY", "metal": "gold", "market_cap_usd": 13383289.174426336, "price_usd": 4348.432, "volume_24h_usd": 0, "missing": false, "point_utc": "2026-09-16T14:00:00.000Z", "weight_pct": 0.24574000118341063 }, { "id": "uranium", "symbol": "XU3O8", "name": "Uranium³O₈", "metal": "uranium", "market_cap_usd": 9059290.351797748, "price_usd": 5.662056469873592, "volume_24h_usd": 206612.55123305193, "missing": false, "point_utc": "2026-09-16T14:00:00.000Z", "weight_pct": 0.16634401250371733 }, { "id": "gold-token-sa-dgld-tokenized-gold", "symbol": "DGLD", "name": "Gold Token SA DGLD", "metal": "gold", "market_cap_usd": 10445965.490267916, "price_usd": 4330.912264228776, "volume_24h_usd": 88.21321386683417, "missing": false, "point_utc": "2026-09-16T14:00:00.000Z", "weight_pct": 0.19180573164670756 }, { "id": "vnx-gold", "symbol": "VNXAU", "name": "VNX Gold", "metal": "gold", "market_cap_usd": 6111183.29345421, "price_usd": 138.8905293966866, "volume_24h_usd": 23928.84118699406, "missing": false, "point_utc": "2026-09-16T14:00:00.000Z", "weight_pct": 0.11221174183661385 }, { "id": "comtech-gold", "symbol": "CGO", "name": "Comtech Gold", "metal": "gold", "market_cap_usd": 3338553.202094131, "price_usd": 139.1063834205888, "volume_24h_usd": 870458.1942543344, "missing": false, "point_utc": "2026-09-16T14:00:00.000Z", "weight_pct": 0.061301527385449896 }, { "id": "matrixdock-silver", "symbol": "XAGM", "name": "Matrixdock Silver", "metal": "silver", "market_cap_usd": 4789010.0502092205, "price_usd": 65.57031302496301, "volume_24h_usd": 19511.081188365242, "missing": false, "point_utc": "2026-09-16T14:00:00.000Z", "weight_pct": 0.08793438743403854 }, { "id": "gold-dao", "symbol": "GOLDAO", "name": "Gold DAO", "metal": "gold", "market_cap_usd": 3071307.1795707373, "price_usd": 0.004527856510339061, "volume_24h_usd": 2973.755746472619, "missing": false, "point_utc": "2026-09-16T14:00:00.000Z", "weight_pct": 0.056394434888587995 }, { "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": 791582.0123118401, "price_usd": 1.331509523573923, "volume_24h_usd": 2886.9231086042555, "missing": false, "point_utc": "2026-09-16T14:00:00.000Z", "weight_pct": 0.014534795004951856 }, { "id": "gold-fgld-finest-tokenized-gold", "symbol": "FGLD", "name": "fGLD", "metal": "gold", "market_cap_usd": 204186.66114299523, "price_usd": 132.4167711692576, "volume_24h_usd": 264.8335423385152, "missing": false, "point_utc": "2026-09-12T16:00:00.000Z", "stale": true, "weight_pct": 0.0037492151366494775 }, { "id": "tenbin-gold", "symbol": "TGLD", "name": "Tenbin Gold", "metal": "gold", "market_cap_usd": 605737.2355543515, "price_usd": 4334.795532794535, "volume_24h_usd": 11.45524878513672, "missing": false, "point_utc": "2026-09-16T14:00:00.000Z", "weight_pct": 0.011122368129532904 }, { "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": 103.92, "gmri_ew": 106.79, "base_total_mcap": 5240685620.611613, "today_total_mcap": 5446117485.951169, "active_constituents": 17, "universe_size": 21, "family": { "live": { "TS-GMRI-EW": { "code": "TS-GMRI-EW", "name": "TS-GMRI Equal-Weighted", "n": 17, "value": 106.79, "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": 130.65, "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": 104.26, "notes": "Subset: tokens backed by physical gold." }, "TS-GMRI-PRE": { "code": "TS-GMRI-PRE", "name": "TS-GMRI Precious", "n": 16, "value": 103.92, "notes": "Subset: gold + silver + platinum + palladium." }, "TS-GMRI-AG": { "code": "TS-GMRI-AG", "name": "TS-GMRI Silver", "n": 2, "value": 97.17, "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": 2698773733.3034205, "base_price": 4183.561630896118, "today_price": 4333.126547137473, "return_pct": 5.2651901738717255 }, { "symbol": "PAXG", "metal": "gold", "base_mcap": 1905168472.2898455, "today_mcap": 1885228892.9947076, "base_price": 4192.532749581879, "today_price": 4338.853019908003, "return_pct": -1.0466045174037708 }, { "symbol": "KAU", "metal": "gold", "base_mcap": 306597540.25711286, "today_mcap": 333317946.92444986, "base_price": 128.4862810930633, "today_price": 139.68404112434516, "return_pct": 8.715140586232128 }, { "symbol": "KAG", "metal": "silver", "base_mcap": 247497505.33844045, "today_mcap": 240017938.56133613, "base_price": 66.49648339812154, "today_price": 64.4869080396195, "return_pct": -3.0220776435206376 }, { "symbol": "PGOLD", "metal": "gold", "base_mcap": 81234682.94380227, "today_mcap": 84254643.5458564, "base_price": 4164.802505571079, "today_price": 4319.632179626212, "return_pct": 3.7175754155935214 }, { "symbol": "GGBR", "metal": "gold", "base_mcap": 24655347.962438818, "today_mcap": 81414700.43910468, "base_price": 4.195308142410139, "today_price": 4.039147619923689, "return_pct": 230.21111915814726 }, { "symbol": "XAUM", "metal": "gold", "base_mcap": 64829339.761465766, "today_mcap": 71309525.53146246, "base_price": 4149.36353844632, "today_price": 4323.907291553617, "return_pct": 9.995760860499292 }, { "symbol": "GLDY", "metal": "gold", "base_mcap": 12937920.44690255, "today_mcap": 13383289.174426336, "base_price": 4203.725, "today_price": 4348.432, "return_pct": 3.4423517237687884 }, { "symbol": "DGLD", "metal": "gold", "base_mcap": 6689874.9709470635, "today_mcap": 10445965.490267916, "base_price": 4171.559020523995, "today_price": 4330.912264228776, "return_pct": 56.14590011970155 }, { "symbol": "XU3O8", "metal": "uranium", "base_mcap": 8625631.128640588, "today_mcap": 9059290.351797748, "base_price": 5.391019455400367, "today_price": 5.662056469873592, "return_pct": 5.0275651333759885 }, { "symbol": "VNXAU", "metal": "gold", "base_mcap": 5948441.188025775, "today_mcap": 6111183.29345421, "base_price": 134.88528771033504, "today_price": 138.8905293966866, "return_pct": 2.735878195383945 }, { "symbol": "XAGM", "metal": "silver", "base_mcap": 4430060.58209477, "today_mcap": 4789010.0502092205, "base_price": 67.13630422341475, "today_price": 65.57031302496301, "return_pct": 8.102585990928368 }, { "symbol": "CGO", "metal": "gold", "base_mcap": 5256788.688271815, "today_mcap": 3338553.202094131, "base_price": 134.78945354543114, "today_price": 139.1063834205888, "return_pct": -36.49063334916568 }, { "symbol": "GOLDAO", "metal": "gold", "base_mcap": 2061583.0358431968, "today_mcap": 3071307.1795707373, "base_price": 0.0030392766417300637, "today_price": 0.004527856510339061, "return_pct": 48.97809722782078 }, { "symbol": "GLDT", "metal": "gold", "base_mcap": 698879.6078783438, "today_mcap": 791582.0123118401, "base_price": 1.1757732299433779, "today_price": 1.331509523573923, "return_pct": 13.264431153589085 }, { "symbol": "TGLD", "metal": "gold", "base_mcap": 74837.59942596829, "today_mcap": 605737.2355543515, "base_price": 3791.0328342676444, "today_price": 4334.795532794535, "return_pct": 709.4022793362924 }, { "symbol": "FGLD", "metal": "gold", "base_mcap": 193166.28705668196, "today_mcap": 204186.66114299523, "base_price": 125.26996566581191, "today_price": 132.4167711692576, "return_pct": 5.705122904329318 } ], "date": "2026-09-16", "fetched_at": "2026-09-16T14:00:00.000Z", "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 } }