{ "snapshot": { "date": "2026-09-29", "fetched_at": "2026-09-29T14:00:00.000Z", "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": 6010178924.984647, "constituents_count": 21, "missing_count": 4, "constituents": [ { "id": "tether-gold", "symbol": "XAUT", "name": "Tether Gold", "metal": "gold", "market_cap_usd": 3367767991.7229652, "price_usd": 4162.905249102785, "volume_24h_usd": 267800472.4688168, "missing": false, "point_utc": "2026-09-29T14:00:00.000Z", "weight_pct": 56.0344048614421 }, { "id": "pax-gold", "symbol": "PAXG", "name": "PAX Gold", "metal": "gold", "market_cap_usd": 1812344773.4690979, "price_usd": 4167.2810061367645, "volume_24h_usd": 158549256.1163831, "missing": false, "point_utc": "2026-09-29T14:00:00.000Z", "weight_pct": 30.154589340678033 }, { "id": "kinesis-gold", "symbol": "KAU", "name": "Kinesis Gold", "metal": "gold", "market_cap_usd": 317561540.36253697, "price_usd": 133.08098070568428, "volume_24h_usd": 115925.30909163748, "missing": false, "point_utc": "2026-09-29T14:00:00.000Z", "weight_pct": 5.283728559933816 }, { "id": "kinesis-silver", "symbol": "KAG", "name": "Kinesis Silver", "metal": "silver", "market_cap_usd": 226940724.03501713, "price_usd": 60.97338261052911, "volume_24h_usd": 456306.0565462881, "missing": false, "point_utc": "2026-09-29T14:00:00.000Z", "weight_pct": 3.775939566318267 }, { "id": "pleasing-gold", "symbol": "PGOLD", "name": "Pleasing Gold", "metal": "gold", "market_cap_usd": 81369561.04119647, "price_usd": 4171.717540105806, "volume_24h_usd": 11.626488777721654, "missing": false, "point_utc": "2026-09-29T14:00:00.000Z", "weight_pct": 1.3538625398145585 }, { "id": "matrixdock-gold", "symbol": "XAUM", "name": "Matrixdock Gold", "metal": "gold", "market_cap_usd": 68456654.0959568, "price_usd": 4150.921297517941, "volume_24h_usd": 528718.6056089228, "missing": false, "point_utc": "2026-09-29T14:00:00.000Z", "weight_pct": 1.1390119154586014 }, { "id": "goldfish-gold", "symbol": "GGBR", "name": "Goldfish Gold", "metal": "gold", "market_cap_usd": 83799679.68351702, "price_usd": 4.137199263259163, "volume_24h_usd": 90858.59392884596, "missing": false, "point_utc": "2026-09-29T14:00:00.000Z", "weight_pct": 1.3942959224584333 }, { "id": "streamex-gldy", "symbol": "GLDY", "name": "Streamex GLDY", "metal": "gold", "market_cap_usd": 12770569.008761302, "price_usd": 4149.35, "volume_24h_usd": 0, "missing": false, "point_utc": "2026-09-29T14:00:00.000Z", "weight_pct": 0.21248234317406656 }, { "id": "uranium", "symbol": "XU3O8", "name": "Uranium³O₈", "metal": "uranium", "market_cap_usd": 8958048.373979704, "price_usd": 5.598780233737315, "volume_24h_usd": 486660.83613981906, "missing": false, "point_utc": "2026-09-29T14:00:00.000Z", "weight_pct": 0.14904794825226586 }, { "id": "gold-token-sa-dgld-tokenized-gold", "symbol": "DGLD", "name": "Gold Token SA DGLD", "metal": "gold", "market_cap_usd": 9997188.337618222, "price_usd": 4144.848613518172, "volume_24h_usd": 340.23289995370226, "missing": false, "point_utc": "2026-09-29T14:00:00.000Z", "weight_pct": 0.16633761594117202 }, { "id": "vnx-gold", "symbol": "VNXAU", "name": "VNX Gold", "metal": "gold", "market_cap_usd": 5898373.697826261, "price_usd": 134.05394767786956, "volume_24h_usd": 25125.404028820118, "missing": false, "point_utc": "2026-09-29T14:00:00.000Z", "weight_pct": 0.09813973546288937 }, { "id": "comtech-gold", "symbol": "CGO", "name": "Comtech Gold", "metal": "gold", "market_cap_usd": 3201422.692864293, "price_usd": 133.3926122026789, "volume_24h_usd": 853144.3233620328, "missing": false, "point_utc": "2026-09-29T14:00:00.000Z", "weight_pct": 0.05326667862675105 }, { "id": "matrixdock-silver", "symbol": "XAGM", "name": "Matrixdock Silver", "metal": "silver", "market_cap_usd": 4640504.03176713, "price_usd": 63.53019478358241, "volume_24h_usd": 5914.905293103617, "missing": false, "point_utc": "2026-09-29T14:00:00.000Z", "weight_pct": 0.07721074679617769 }, { "id": "gold-dao", "symbol": "GOLDAO", "name": "Gold DAO", "metal": "gold", "market_cap_usd": 4788248.612966628, "price_usd": 0.00705904730062628, "volume_24h_usd": 1155.3201822661492, "missing": false, "point_utc": "2026-09-29T14:00:00.000Z", "weight_pct": 0.0796689861105734 }, { "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": 898666.2065114811, "price_usd": 1.5116339069383882, "volume_24h_usd": 5065.813115677289, "missing": false, "point_utc": "2026-09-29T14:00:00.000Z", "weight_pct": 0.014952403542857533 }, { "id": "gold-fgld-finest-tokenized-gold", "symbol": "FGLD", "name": "fGLD", "metal": "gold", "market_cap_usd": 204576.21690136843, "price_usd": 132.66940136275514, "volume_24h_usd": 1061.355210902041, "missing": false, "point_utc": "2026-09-28T15:00:00.000Z", "stale": true, "weight_pct": 0.0034038290615764164 }, { "id": "tenbin-gold", "symbol": "TGLD", "name": "Tenbin Gold", "metal": "gold", "market_cap_usd": 580403.3951614378, "price_usd": 4153.500720922468, "volume_24h_usd": 18.343856685160326, "missing": false, "point_utc": "2026-09-29T03:00:00.000Z", "stale": true, "weight_pct": 0.009657006927841511 }, { "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": 114.68, "gmri_ew": 109.66, "base_total_mcap": 5240685620.611613, "today_total_mcap": 6010178924.984647, "active_constituents": 17, "universe_size": 21, "family": { "live": { "TS-GMRI-EW": { "code": "TS-GMRI-EW", "name": "TS-GMRI Equal-Weighted", "n": 17, "value": 109.66, "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": 135.78, "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": 115.85, "notes": "Subset: tokens backed by physical gold." }, "TS-GMRI-PRE": { "code": "TS-GMRI-PRE", "name": "TS-GMRI Precious", "n": 16, "value": 114.7, "notes": "Subset: gold + silver + platinum + palladium." }, "TS-GMRI-AG": { "code": "TS-GMRI-AG", "name": "TS-GMRI Silver", "n": 2, "value": 91.92, "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": 3367767991.7229652, "base_price": 4183.561630896118, "today_price": 4162.905249102785, "return_pct": 31.35919241227436 }, { "symbol": "PAXG", "metal": "gold", "base_mcap": 1905168472.2898455, "today_mcap": 1812344773.4690979, "base_price": 4192.532749581879, "today_price": 4167.2810061367645, "return_pct": -4.8722042260746505 }, { "symbol": "KAU", "metal": "gold", "base_mcap": 306597540.25711286, "today_mcap": 317561540.36253697, "base_price": 128.4862810930633, "today_price": 133.08098070568428, "return_pct": 3.5760235050254163 }, { "symbol": "KAG", "metal": "silver", "base_mcap": 247497505.33844045, "today_mcap": 226940724.03501713, "base_price": 66.49648339812154, "today_price": 60.97338261052911, "return_pct": -8.30585394196719 }, { "symbol": "GGBR", "metal": "gold", "base_mcap": 24655347.962438818, "today_mcap": 83799679.68351702, "base_price": 4.195308142410139, "today_price": 4.137199263259163, "return_pct": 239.88439267286603 }, { "symbol": "PGOLD", "metal": "gold", "base_mcap": 81234682.94380227, "today_mcap": 81369561.04119647, "base_price": 4164.802505571079, "today_price": 4171.717540105806, "return_pct": 0.1660351127208859 }, { "symbol": "XAUM", "metal": "gold", "base_mcap": 64829339.761465766, "today_mcap": 68456654.0959568, "base_price": 4149.36353844632, "today_price": 4150.921297517941, "return_pct": 5.595173956479349 }, { "symbol": "GLDY", "metal": "gold", "base_mcap": 12937920.44690255, "today_mcap": 12770569.008761302, "base_price": 4203.725, "today_price": 4149.35, "return_pct": -1.2934956496916339 }, { "symbol": "DGLD", "metal": "gold", "base_mcap": 6689874.9709470635, "today_mcap": 9997188.337618222, "base_price": 4171.559020523995, "today_price": 4144.848613518172, "return_pct": 49.437596084145554 }, { "symbol": "XU3O8", "metal": "uranium", "base_mcap": 8625631.128640588, "today_mcap": 8958048.373979704, "base_price": 5.391019455400367, "today_price": 5.598780233737315, "return_pct": 3.8538309879187382 }, { "symbol": "VNXAU", "metal": "gold", "base_mcap": 5948441.188025775, "today_mcap": 5898373.697826261, "base_price": 134.88528771033504, "today_price": 134.05394767786956, "return_pct": -0.8416909340938084 }, { "symbol": "GOLDAO", "metal": "gold", "base_mcap": 2061583.0358431968, "today_mcap": 4788248.612966628, "base_price": 0.0030392766417300637, "today_price": 0.00705904730062628, "return_pct": 132.26076901667034 }, { "symbol": "XAGM", "metal": "silver", "base_mcap": 4430060.58209477, "today_mcap": 4640504.03176713, "base_price": 67.13630422341475, "today_price": 63.53019478358241, "return_pct": 4.750351508124329 }, { "symbol": "CGO", "metal": "gold", "base_mcap": 5256788.688271815, "today_mcap": 3201422.692864293, "base_price": 134.78945354543114, "today_price": 133.3926122026789, "return_pct": -39.099269863998074 }, { "symbol": "GLDT", "metal": "gold", "base_mcap": 698879.6078783438, "today_mcap": 898666.2065114811, "base_price": 1.1757732299433779, "today_price": 1.5116339069383882, "return_pct": 28.58669739122146 }, { "symbol": "TGLD", "metal": "gold", "base_mcap": 74837.59942596829, "today_mcap": 580403.3951614378, "base_price": 3791.0328342676444, "today_price": 4153.500720922468, "return_pct": 675.5505248876817 }, { "symbol": "FGLD", "metal": "gold", "base_mcap": 193166.28705668196, "today_mcap": 204576.21690136843, "base_price": 125.26996566581191, "today_price": 132.66940136275514, "return_pct": 5.9067915103313995 } ], "date": "2026-09-29", "fetched_at": "2026-09-29T14:00:00.000Z", "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 } }