{ "snapshot": { "date": "2026-09-27", "fetched_at": "2026-09-27T14:00:00.000Z", "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": 5386921861.833483, "constituents_count": 21, "missing_count": 4, "constituents": [ { "id": "tether-gold", "symbol": "XAUT", "name": "Tether Gold", "metal": "gold", "market_cap_usd": 2664579895.716756, "price_usd": 4278.225232674951, "volume_24h_usd": 53722921.07090249, "missing": false, "point_utc": "2026-09-27T14:00:00.000Z", "weight_pct": 49.46386756777356 }, { "id": "pax-gold", "symbol": "PAXG", "name": "PAX Gold", "metal": "gold", "market_cap_usd": 1860106303.6910944, "price_usd": 4277.1032213310455, "volume_24h_usd": 45181640.11685129, "missing": false, "point_utc": "2026-09-27T14:00:00.000Z", "weight_pct": 34.530040557484384 }, { "id": "kinesis-gold", "symbol": "KAU", "name": "Kinesis Gold", "metal": "gold", "market_cap_usd": 333148162.0314904, "price_usd": 139.61288912011233, "volume_24h_usd": 33168.105696708924, "missing": false, "point_utc": "2026-09-27T14:00:00.000Z", "weight_pct": 6.184388238334326 }, { "id": "kinesis-silver", "symbol": "KAG", "name": "Kinesis Silver", "metal": "silver", "market_cap_usd": 234332844.4760316, "price_usd": 62.95946329247644, "volume_24h_usd": 23049.783854511064, "missing": false, "point_utc": "2026-09-27T14:00:00.000Z", "weight_pct": 4.350032365167341 }, { "id": "pleasing-gold", "symbol": "PGOLD", "name": "Pleasing Gold", "metal": "gold", "market_cap_usd": 83945634.66674168, "price_usd": 4303.789673601156, "volume_24h_usd": 1.1811956256547709, "missing": false, "point_utc": "2026-09-25T18:00:00.000Z", "stale": true, "weight_pct": 1.5583228570939416 }, { "id": "matrixdock-gold", "symbol": "XAUM", "name": "Matrixdock Gold", "metal": "gold", "market_cap_usd": 70623619.27207172, "price_usd": 4282.316870787716, "volume_24h_usd": 463977.24847455986, "missing": false, "point_utc": "2026-09-27T14:00:00.000Z", "weight_pct": 1.3110199309264605 }, { "id": "goldfish-gold", "symbol": "GGBR", "name": "Goldfish Gold", "metal": "gold", "market_cap_usd": 86816465.6465414, "price_usd": 4.286138313035626, "volume_24h_usd": 87295.12014766641, "missing": false, "point_utc": "2026-09-27T14:00:00.000Z", "weight_pct": 1.6116154619141387 }, { "id": "streamex-gldy", "symbol": "GLDY", "name": "Streamex GLDY", "metal": "gold", "market_cap_usd": 13189986.33717875, "price_usd": 4285.625, "volume_24h_usd": 0, "missing": false, "point_utc": "2026-09-27T14:00:00.000Z", "weight_pct": 0.2448520077974443 }, { "id": "uranium", "symbol": "XU3O8", "name": "Uranium³O₈", "metal": "uranium", "market_cap_usd": 8939691.44152733, "price_usd": 5.58730715095458, "volume_24h_usd": 157843.2030737579, "missing": false, "point_utc": "2026-09-27T14:00:00.000Z", "weight_pct": 0.165951756324244 }, { "id": "gold-token-sa-dgld-tokenized-gold", "symbol": "DGLD", "name": "Gold Token SA DGLD", "metal": "gold", "market_cap_usd": 10366413.16042019, "price_usd": 4297.929754253371, "volume_24h_usd": 168.77672890228504, "missing": false, "point_utc": "2026-09-27T14:00:00.000Z", "weight_pct": 0.1924366721163447 }, { "id": "vnx-gold", "symbol": "VNXAU", "name": "VNX Gold", "metal": "gold", "market_cap_usd": 6054177.073846581, "price_usd": 137.59493349651322, "volume_24h_usd": 19744.414434509417, "missing": false, "point_utc": "2026-09-27T14:00:00.000Z", "weight_pct": 0.11238657677106148 }, { "id": "comtech-gold", "symbol": "CGO", "name": "Comtech Gold", "metal": "gold", "market_cap_usd": 3266982.1781465923, "price_usd": 136.1242574227747, "volume_24h_usd": 900074.0036888426, "missing": false, "point_utc": "2026-09-27T14:00:00.000Z", "weight_pct": 0.06064654847313208 }, { "id": "matrixdock-silver", "symbol": "XAGM", "name": "Matrixdock Silver", "metal": "silver", "market_cap_usd": 4887335.932635733, "price_usd": 66.91051526547452, "volume_24h_usd": 2754.36369697284, "missing": false, "point_utc": "2026-09-27T14:00:00.000Z", "weight_pct": 0.09072594810150612 }, { "id": "gold-dao", "symbol": "GOLDAO", "name": "Gold DAO", "metal": "gold", "market_cap_usd": 4993241.702813565, "price_usd": 0.007361257155313526, "volume_24h_usd": 812.1867074159936, "missing": false, "point_utc": "2026-09-27T14:00:00.000Z", "weight_pct": 0.09269192742873894 }, { "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": 860582.8272749509, "price_usd": 1.447574141757697, "volume_24h_usd": 1473.2544436261355, "missing": false, "point_utc": "2026-09-27T14:00:00.000Z", "weight_pct": 0.015975409507463033 }, { "id": "gold-fgld-finest-tokenized-gold", "symbol": "FGLD", "name": "fGLD", "metal": "gold", "market_cap_usd": 213524.66699821418, "price_usd": 138.47254669144888, "volume_24h_usd": 553.8644281243157, "missing": false, "point_utc": "2026-09-25T16:00:00.000Z", "stale": true, "weight_pct": 0.0039637602414663445 }, { "id": "tenbin-gold", "symbol": "TGLD", "name": "Tenbin Gold", "metal": "gold", "market_cap_usd": 597001.0119144353, "price_usd": 4272.277099082687, "volume_24h_usd": 2.1983751683406396, "missing": false, "point_utc": "2026-09-27T07:00:00.000Z", "stale": true, "weight_pct": 0.011082414544458255 }, { "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": 102.79, "gmri_ew": 112.72, "base_total_mcap": 5240685620.611613, "today_total_mcap": 5386921861.833483, "active_constituents": 17, "universe_size": 21, "family": { "live": { "TS-GMRI-EW": { "code": "TS-GMRI-EW", "name": "TS-GMRI Equal-Weighted", "n": 17, "value": 112.72, "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": 134.16, "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": 103.19, "notes": "Subset: tokens backed by physical gold." }, "TS-GMRI-PRE": { "code": "TS-GMRI-PRE", "name": "TS-GMRI Precious", "n": 16, "value": 102.79, "notes": "Subset: gold + silver + platinum + palladium." }, "TS-GMRI-AG": { "code": "TS-GMRI-AG", "name": "TS-GMRI Silver", "n": 2, "value": 94.96, "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": 2664579895.716756, "base_price": 4183.561630896118, "today_price": 4278.225232674951, "return_pct": 3.931465611520646 }, { "symbol": "PAXG", "metal": "gold", "base_mcap": 1905168472.2898455, "today_mcap": 1860106303.6910944, "base_price": 4192.532749581879, "today_price": 4277.1032213310455, "return_pct": -2.3652589917462885 }, { "symbol": "KAU", "metal": "gold", "base_mcap": 306597540.25711286, "today_mcap": 333148162.0314904, "base_price": 128.4862810930633, "today_price": 139.61288912011233, "return_pct": 8.65976346454449 }, { "symbol": "KAG", "metal": "silver", "base_mcap": 247497505.33844045, "today_mcap": 234332844.4760316, "base_price": 66.49648339812154, "today_price": 62.95946329247644, "return_pct": -5.319108507541048 }, { "symbol": "GGBR", "metal": "gold", "base_mcap": 24655347.962438818, "today_mcap": 86816465.6465414, "base_price": 4.195308142410139, "today_price": 4.286138313035626, "return_pct": 252.1202206466602 }, { "symbol": "PGOLD", "metal": "gold", "base_mcap": 81234682.94380227, "today_mcap": 83945634.66674168, "base_price": 4164.802505571079, "today_price": 4303.789673601156, "return_pct": 3.3371850848668227 }, { "symbol": "XAUM", "metal": "gold", "base_mcap": 64829339.761465766, "today_mcap": 70623619.27207172, "base_price": 4149.36353844632, "today_price": 4282.316870787716, "return_pct": 8.937742589891439 }, { "symbol": "GLDY", "metal": "gold", "base_mcap": 12937920.44690255, "today_mcap": 13189986.33717875, "base_price": 4203.725, "today_price": 4285.625, "return_pct": 1.9482720682252097 }, { "symbol": "DGLD", "metal": "gold", "base_mcap": 6689874.9709470635, "today_mcap": 10366413.16042019, "base_price": 4171.559020523995, "today_price": 4297.929754253371, "return_pct": 54.9567548786738 }, { "symbol": "XU3O8", "metal": "uranium", "base_mcap": 8625631.128640588, "today_mcap": 8939691.44152733, "base_price": 5.391019455400367, "today_price": 5.58730715095458, "return_pct": 3.6410125613177913 }, { "symbol": "VNXAU", "metal": "gold", "base_mcap": 5948441.188025775, "today_mcap": 6054177.073846581, "base_price": 134.88528771033504, "today_price": 137.59493349651322, "return_pct": 1.777539400299566 }, { "symbol": "GOLDAO", "metal": "gold", "base_mcap": 2061583.0358431968, "today_mcap": 4993241.702813565, "base_price": 0.0030392766417300637, "today_price": 0.007361257155313526, "return_pct": 142.2042486768575 }, { "symbol": "XAGM", "metal": "silver", "base_mcap": 4430060.58209477, "today_mcap": 4887335.932635733, "base_price": 67.13630422341475, "today_price": 66.91051526547452, "return_pct": 10.322101516831594 }, { "symbol": "CGO", "metal": "gold", "base_mcap": 5256788.688271815, "today_mcap": 3266982.1781465923, "base_price": 134.78945354543114, "today_price": 136.1242574227747, "return_pct": -37.85213041879714 }, { "symbol": "GLDT", "metal": "gold", "base_mcap": 698879.6078783438, "today_mcap": 860582.8272749509, "base_price": 1.1757732299433779, "today_price": 1.447574141757697, "return_pct": 23.137492863399633 }, { "symbol": "TGLD", "metal": "gold", "base_mcap": 74837.59942596829, "today_mcap": 597001.0119144353, "base_price": 3791.0328342676444, "today_price": 4272.277099082687, "return_pct": 697.7287038783326 }, { "symbol": "FGLD", "metal": "gold", "base_mcap": 193166.28705668196, "today_mcap": 213524.66699821418, "base_price": 125.26996566581191, "today_price": 138.47254669144888, "return_pct": 10.53930282128286 } ], "date": "2026-09-27", "fetched_at": "2026-09-27T14:00:00.000Z", "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 } }