{ "snapshot": { "date": "2026-09-17", "fetched_at": "2026-09-17T14:00:00.000Z", "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": 5480356709.866708, "constituents_count": 21, "missing_count": 4, "constituents": [ { "id": "tether-gold", "symbol": "XAUT", "name": "Tether Gold", "metal": "gold", "market_cap_usd": 2715477265.387092, "price_usd": 4359.9455862475525, "volume_24h_usd": 368008976.7250326, "missing": false, "point_utc": "2026-09-17T14:00:00.000Z", "weight_pct": 49.54927952952788 }, { "id": "pax-gold", "symbol": "PAXG", "name": "PAX Gold", "metal": "gold", "market_cap_usd": 1895461645.9426818, "price_usd": 4362.403693884659, "volume_24h_usd": 267135265.7693539, "missing": false, "point_utc": "2026-09-17T14:00:00.000Z", "weight_pct": 34.58646482865132 }, { "id": "kinesis-gold", "symbol": "KAU", "name": "Kinesis Gold", "metal": "gold", "market_cap_usd": 335309469.96412474, "price_usd": 140.5186316069185, "volume_24h_usd": 69637.41729422257, "missing": false, "point_utc": "2026-09-17T14:00:00.000Z", "weight_pct": 6.118387683787833 }, { "id": "kinesis-silver", "symbol": "KAG", "name": "Kinesis Silver", "metal": "silver", "market_cap_usd": 244215622.9899524, "price_usd": 65.61472244945097, "volume_24h_usd": 241009.08082259778, "missing": false, "point_utc": "2026-09-17T14:00:00.000Z", "weight_pct": 4.456199403047473 }, { "id": "pleasing-gold", "symbol": "PGOLD", "name": "Pleasing Gold", "metal": "gold", "market_cap_usd": 83878035.95277166, "price_usd": 4300.323970491187, "volume_24h_usd": 6.902154099742994, "missing": false, "point_utc": "2026-09-17T03:00:00.000Z", "stale": true, "weight_pct": 1.5305214677314631 }, { "id": "matrixdock-gold", "symbol": "XAUM", "name": "Matrixdock Gold", "metal": "gold", "market_cap_usd": 71760443.76106136, "price_usd": 4351.249061202566, "volume_24h_usd": 653439.2821609712, "missing": false, "point_utc": "2026-09-17T14:00:00.000Z", "weight_pct": 1.309411915320503 }, { "id": "goldfish-gold", "symbol": "GGBR", "name": "Goldfish Gold", "metal": "gold", "market_cap_usd": 81698611.3040119, "price_usd": 4.053233010990358, "volume_24h_usd": 33555.05695150423, "missing": false, "point_utc": "2026-09-17T14:00:00.000Z", "weight_pct": 1.4907535335596604 }, { "id": "streamex-gldy", "symbol": "GLDY", "name": "Streamex GLDY", "metal": "gold", "market_cap_usd": 13420643.554283263, "price_usd": 4360.569, "volume_24h_usd": 0, "missing": false, "point_utc": "2026-09-17T14:00:00.000Z", "weight_pct": 0.2448863142452214 }, { "id": "uranium", "symbol": "XU3O8", "name": "Uranium³O₈", "metal": "uranium", "market_cap_usd": 9090289.704226455, "price_usd": 5.681431065141535, "volume_24h_usd": 188126.47536738176, "missing": false, "point_utc": "2026-09-17T14:00:00.000Z", "weight_pct": 0.16587040197329686 }, { "id": "gold-token-sa-dgld-tokenized-gold", "symbol": "DGLD", "name": "Gold Token SA DGLD", "metal": "gold", "market_cap_usd": 10546949.839082781, "price_usd": 4372.780519985979, "volume_24h_usd": 55.133949056223344, "missing": false, "point_utc": "2026-09-17T14:00:00.000Z", "weight_pct": 0.19245006114463858 }, { "id": "vnx-gold", "symbol": "VNXAU", "name": "VNX Gold", "metal": "gold", "market_cap_usd": 6124717.927828391, "price_usd": 139.19813472337253, "volume_24h_usd": 29436.710872066837, "missing": false, "point_utc": "2026-09-17T14:00:00.000Z", "weight_pct": 0.11175765104489623 }, { "id": "comtech-gold", "symbol": "CGO", "name": "Comtech Gold", "metal": "gold", "market_cap_usd": 3368684.732366301, "price_usd": 140.36186384859587, "volume_24h_usd": 880937.7262679188, "missing": false, "point_utc": "2026-09-17T14:00:00.000Z", "weight_pct": 0.061468347969054614 }, { "id": "matrixdock-silver", "symbol": "XAGM", "name": "Matrixdock Silver", "metal": "silver", "market_cap_usd": 4854728.432444788, "price_usd": 66.46957082731183, "volume_24h_usd": 32152.275919138458, "missing": false, "point_utc": "2026-09-17T14:00:00.000Z", "weight_pct": 0.08858416868567053 }, { "id": "gold-dao", "symbol": "GOLDAO", "name": "Gold DAO", "metal": "gold", "market_cap_usd": 3530271.9135024357, "price_usd": 0.005204482564669167, "volume_24h_usd": 2213.4655963274727, "missing": false, "point_utc": "2026-09-17T14:00:00.000Z", "weight_pct": 0.06441682723218756 }, { "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": 805506.4330918029, "price_usd": 1.354931149848474, "volume_24h_usd": 3976.1619892926133, "missing": false, "point_utc": "2026-09-17T14:00:00.000Z", "weight_pct": 0.014698065759872668 }, { "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": 0.0037257914393671178 }, { "id": "tenbin-gold", "symbol": "TGLD", "name": "Tenbin Gold", "metal": "gold", "market_cap_usd": 609635.3670418928, "price_usd": 4362.691461865125, "volume_24h_usd": 54.20537499737325, "missing": false, "point_utc": "2026-09-17T14:00:00.000Z", "weight_pct": 0.01112400887964682 }, { "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": 108.74, "base_total_mcap": 5240685620.611613, "today_total_mcap": 5480356709.866708, "active_constituents": 17, "universe_size": 21, "family": { "live": { "TS-GMRI-EW": { "code": "TS-GMRI-EW", "name": "TS-GMRI Equal-Weighted", "n": 17, "value": 108.74, "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": 131.43, "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": 104.86, "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": 98.87, "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": 2715477265.387092, "base_price": 4183.561630896118, "today_price": 4359.9455862475525, "return_pct": 5.916708476301191 }, { "symbol": "PAXG", "metal": "gold", "base_mcap": 1905168472.2898455, "today_mcap": 1895461645.9426818, "base_price": 4192.532749581879, "today_price": 4362.403693884659, "return_pct": -0.5094996315731071 }, { "symbol": "KAU", "metal": "gold", "base_mcap": 306597540.25711286, "today_mcap": 335309469.96412474, "base_price": 128.4862810930633, "today_price": 140.5186316069185, "return_pct": 9.364696690956498 }, { "symbol": "KAG", "metal": "silver", "base_mcap": 247497505.33844045, "today_mcap": 244215622.9899524, "base_price": 66.49648339812154, "today_price": 65.61472244945097, "return_pct": -1.3260264357009333 }, { "symbol": "PGOLD", "metal": "gold", "base_mcap": 81234682.94380227, "today_mcap": 83878035.95277166, "base_price": 4164.802505571079, "today_price": 4300.323970491187, "return_pct": 3.253970980348453 }, { "symbol": "GGBR", "metal": "gold", "base_mcap": 24655347.962438818, "today_mcap": 81698611.3040119, "base_price": 4.195308142410139, "today_price": 4.053233010990358, "return_pct": 231.36263754409637 }, { "symbol": "XAUM", "metal": "gold", "base_mcap": 64829339.761465766, "today_mcap": 71760443.76106136, "base_price": 4149.36353844632, "today_price": 4351.249061202566, "return_pct": 10.691307400473328 }, { "symbol": "GLDY", "metal": "gold", "base_mcap": 12937920.44690255, "today_mcap": 13420643.554283263, "base_price": 4203.725, "today_price": 4360.569, "return_pct": 3.7310718469928394 }, { "symbol": "DGLD", "metal": "gold", "base_mcap": 6689874.9709470635, "today_mcap": 10546949.839082781, "base_price": 4171.559020523995, "today_price": 4372.780519985979, "return_pct": 57.65541037592343 }, { "symbol": "XU3O8", "metal": "uranium", "base_mcap": 8625631.128640588, "today_mcap": 9090289.704226455, "base_price": 5.391019455400367, "today_price": 5.681431065141535, "return_pct": 5.38695161729108 }, { "symbol": "VNXAU", "metal": "gold", "base_mcap": 5948441.188025775, "today_mcap": 6124717.927828391, "base_price": 134.88528771033504, "today_price": 139.19813472337253, "return_pct": 2.9634106521463366 }, { "symbol": "XAGM", "metal": "silver", "base_mcap": 4430060.58209477, "today_mcap": 4854728.432444788, "base_price": 67.13630422341475, "today_price": 66.46957082731183, "return_pct": 9.586050630242449 }, { "symbol": "GOLDAO", "metal": "gold", "base_mcap": 2061583.0358431968, "today_mcap": 3530271.9135024357, "base_price": 0.0030392766417300637, "today_price": 0.005204482564669167, "return_pct": 71.24083057166497 }, { "symbol": "CGO", "metal": "gold", "base_mcap": 5256788.688271815, "today_mcap": 3368684.732366301, "base_price": 134.78945354543114, "today_price": 140.36186384859587, "return_pct": -35.91744062526192 }, { "symbol": "GLDT", "metal": "gold", "base_mcap": 698879.6078783438, "today_mcap": 805506.4330918029, "base_price": 1.1757732299433779, "today_price": 1.354931149848474, "return_pct": 15.256823065299674 }, { "symbol": "TGLD", "metal": "gold", "base_mcap": 74837.59942596829, "today_mcap": 609635.3670418928, "base_price": 3791.0328342676444, "today_price": 4362.691461865125, "return_pct": 714.6110667873083 }, { "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": "2026-09-17", "fetched_at": "2026-09-17T14:00:00.000Z", "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 } }