{ "snapshot": { "date": "2026-10-06", "fetched_at": "2026-10-06T14:00:00.000Z", "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": 6215053621.756377, "constituents_count": 21, "missing_count": 4, "constituents": [ { "id": "tether-gold", "symbol": "XAUT", "name": "Tether Gold", "metal": "gold", "market_cap_usd": 3358747901.9971147, "price_usd": 4151.755496815986, "volume_24h_usd": 234950308.70297524, "missing": false, "point_utc": "2026-10-06T14:00:00.000Z", "weight_pct": 54.04213875548077 }, { "id": "pax-gold", "symbol": "PAXG", "name": "PAX Gold", "metal": "gold", "market_cap_usd": 1811477074.1500213, "price_usd": 4160.099340043205, "volume_24h_usd": 121417326.20530276, "missing": false, "point_utc": "2026-10-06T14:00:00.000Z", "weight_pct": 29.146604106660902 }, { "id": "kinesis-gold", "symbol": "KAU", "name": "Kinesis Gold", "metal": "gold", "market_cap_usd": 532507901.7397126, "price_usd": 133.5884748825718, "volume_24h_usd": 83076.94980049202, "missing": false, "point_utc": "2026-10-06T14:00:00.000Z", "weight_pct": 8.568033908438357 }, { "id": "kinesis-silver", "symbol": "KAG", "name": "Kinesis Silver", "metal": "silver", "market_cap_usd": 225336536.34276044, "price_usd": 61.499523185470494, "volume_24h_usd": 88026.69844338248, "missing": false, "point_utc": "2026-10-06T14:00:00.000Z", "weight_pct": 3.6256571552970804 }, { "id": "pleasing-gold", "symbol": "PGOLD", "name": "Pleasing Gold", "metal": "gold", "market_cap_usd": 81367793.03238186, "price_usd": 4171.626896463533, "volume_24h_usd": 2.557994138963031, "missing": false, "point_utc": "2026-10-06T14:00:00.000Z", "weight_pct": 1.3092050042423815 }, { "id": "matrixdock-gold", "symbol": "XAUM", "name": "Matrixdock Gold", "metal": "gold", "market_cap_usd": 69337736.26505718, "price_usd": 4147.749399542265, "volume_24h_usd": 618961.110925548, "missing": false, "point_utc": "2026-10-06T14:00:00.000Z", "weight_pct": 1.11564180270841 }, { "id": "goldfish-gold", "symbol": "GGBR", "name": "Goldfish Gold", "metal": "gold", "market_cap_usd": 84716551.73980932, "price_usd": 4.177514378802551, "volume_24h_usd": 122185.63907341509, "missing": false, "point_utc": "2026-10-06T14:00:00.000Z", "weight_pct": 1.3630864171992192 }, { "id": "streamex-gldy", "symbol": "GLDY", "name": "Streamex GLDY", "metal": "gold", "market_cap_usd": 12816781.088645268, "price_usd": 4164.365, "volume_24h_usd": 0, "missing": false, "point_utc": "2026-10-06T14:00:00.000Z", "weight_pct": 0.20622156893029733 }, { "id": "uranium", "symbol": "XU3O8", "name": "Uranium³O₈", "metal": "uranium", "market_cap_usd": 9066986.542054968, "price_usd": 5.666866588784355, "volume_24h_usd": 469317.4875439201, "missing": false, "point_utc": "2026-10-06T14:00:00.000Z", "weight_pct": 0.14588750305090098 }, { "id": "gold-token-sa-dgld-tokenized-gold", "symbol": "DGLD", "name": "Gold Token SA DGLD", "metal": "gold", "market_cap_usd": 10065145.702203764, "price_usd": 4173.023834277075, "volume_24h_usd": 6136.995154968704, "missing": false, "point_utc": "2026-10-06T14:00:00.000Z", "weight_pct": 0.16194784976544335 }, { "id": "vnx-gold", "symbol": "VNXAU", "name": "VNX Gold", "metal": "gold", "market_cap_usd": 5870735.847473502, "price_usd": 133.42581471530687, "volume_24h_usd": 23140.77813766648, "missing": false, "point_utc": "2026-10-06T14:00:00.000Z", "weight_pct": 0.09445993879960168 }, { "id": "comtech-gold", "symbol": "CGO", "name": "Comtech Gold", "metal": "gold", "market_cap_usd": 3204337.811424527, "price_usd": 133.51407547602196, "volume_24h_usd": 878714.2906394934, "missing": false, "point_utc": "2026-10-06T14:00:00.000Z", "weight_pct": 0.051557685684439504 }, { "id": "matrixdock-silver", "symbol": "XAGM", "name": "Matrixdock Silver", "metal": "silver", "market_cap_usd": 4638679.189901976, "price_usd": 63.501552457855745, "volume_24h_usd": 3577.6874940660396, "missing": false, "point_utc": "2026-10-06T14:00:00.000Z", "weight_pct": 0.07463618935907239 }, { "id": "gold-dao", "symbol": "GOLDAO", "name": "Gold DAO", "metal": "gold", "market_cap_usd": 4340468.599464583, "price_usd": 0.006398910254478288, "volume_24h_usd": 542.6525677778004, "missing": false, "point_utc": "2026-10-06T14:00:00.000Z", "weight_pct": 0.06983799116825584 }, { "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": 769224.3024815728, "price_usd": 1.2939012657385582, "volume_24h_usd": 2158.2021942197453, "missing": false, "point_utc": "2026-10-06T14:00:00.000Z", "weight_pct": 0.012376792692324185 }, { "id": "gold-fgld-finest-tokenized-gold", "symbol": "FGLD", "name": "fGLD", "metal": "gold", "market_cap_usd": 210662.80071829195, "price_usd": 136.616602281642, "volume_24h_usd": 136.616602281642, "missing": false, "point_utc": "2026-10-05T06:00:00.000Z", "stale": true, "weight_pct": 0.003389557251458734 }, { "id": "tenbin-gold", "symbol": "TGLD", "name": "Tenbin Gold", "metal": "gold", "market_cap_usd": 579104.6051522103, "price_usd": 4143.4917310215005, "volume_24h_usd": 9.514500888440654, "missing": false, "point_utc": "2026-10-03T22:00:00.000Z", "stale": true, "weight_pct": 0.009317773271094563 }, { "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": 118.59, "gmri_ew": 107.67, "base_total_mcap": 5240685620.611613, "today_total_mcap": 6215053621.756377, "active_constituents": 17, "universe_size": 21, "family": { "live": { "TS-GMRI-EW": { "code": "TS-GMRI-EW", "name": "TS-GMRI Equal-Weighted", "n": 17, "value": 107.67, "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": 146.32, "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": 120, "notes": "Subset: tokens backed by physical gold." }, "TS-GMRI-PRE": { "code": "TS-GMRI-PRE", "name": "TS-GMRI Precious", "n": 16, "value": 118.61, "notes": "Subset: gold + silver + platinum + palladium." }, "TS-GMRI-AG": { "code": "TS-GMRI-AG", "name": "TS-GMRI Silver", "n": 2, "value": 91.29, "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": 3358747901.9971147, "base_price": 4183.561630896118, "today_price": 4151.755496815986, "return_pct": 31.00736541445679 }, { "symbol": "PAXG", "metal": "gold", "base_mcap": 1905168472.2898455, "today_mcap": 1811477074.1500213, "base_price": 4192.532749581879, "today_price": 4160.099340043205, "return_pct": -4.917748718947424 }, { "symbol": "KAU", "metal": "gold", "base_mcap": 306597540.25711286, "today_mcap": 532507901.7397126, "base_price": 128.4862810930633, "today_price": 133.5884748825718, "return_pct": 73.68303127714306 }, { "symbol": "KAG", "metal": "silver", "base_mcap": 247497505.33844045, "today_mcap": 225336536.34276044, "base_price": 66.49648339812154, "today_price": 61.499523185470494, "return_pct": -8.954017118425494 }, { "symbol": "GGBR", "metal": "gold", "base_mcap": 24655347.962438818, "today_mcap": 84716551.73980932, "base_price": 4.195308142410139, "today_price": 4.177514378802551, "return_pct": 243.60314796153241 }, { "symbol": "PGOLD", "metal": "gold", "base_mcap": 81234682.94380227, "today_mcap": 81367793.03238186, "base_price": 4164.802505571079, "today_price": 4171.626896463533, "return_pct": 0.16385869157842237 }, { "symbol": "XAUM", "metal": "gold", "base_mcap": 64829339.761465766, "today_mcap": 69337736.26505718, "base_price": 4149.36353844632, "today_price": 4147.749399542265, "return_pct": 6.954253305956359 }, { "symbol": "GLDY", "metal": "gold", "base_mcap": 12937920.44690255, "today_mcap": 12816781.088645268, "base_price": 4203.725, "today_price": 4164.365, "return_pct": -0.9363124371837062 }, { "symbol": "DGLD", "metal": "gold", "base_mcap": 6689874.9709470635, "today_mcap": 10065145.702203764, "base_price": 4171.559020523995, "today_price": 4173.023834277075, "return_pct": 50.453420219584075 }, { "symbol": "XU3O8", "metal": "uranium", "base_mcap": 8625631.128640588, "today_mcap": 9066986.542054968, "base_price": 5.391019455400367, "today_price": 5.666866588784355, "return_pct": 5.116789795808696 }, { "symbol": "VNXAU", "metal": "gold", "base_mcap": 5948441.188025775, "today_mcap": 5870735.847473502, "base_price": 134.88528771033504, "today_price": 133.42581471530687, "return_pct": -1.3063143451547354 }, { "symbol": "XAGM", "metal": "silver", "base_mcap": 4430060.58209477, "today_mcap": 4638679.189901976, "base_price": 67.13630422341475, "today_price": 63.501552457855745, "return_pct": 4.709159252819073 }, { "symbol": "GOLDAO", "metal": "gold", "base_mcap": 2061583.0358431968, "today_mcap": 4340468.599464583, "base_price": 0.0030392766417300637, "today_price": 0.006398910254478288, "return_pct": 110.54056635120264 }, { "symbol": "CGO", "metal": "gold", "base_mcap": 5256788.688271815, "today_mcap": 3204337.811424527, "base_price": 134.78945354543114, "today_price": 133.51407547602196, "return_pct": -39.043815503301836 }, { "symbol": "GLDT", "metal": "gold", "base_mcap": 698879.6078783438, "today_mcap": 769224.3024815728, "base_price": 1.1757732299433779, "today_price": 1.2939012657385582, "return_pct": 10.06535228818326 }, { "symbol": "TGLD", "metal": "gold", "base_mcap": 74837.59942596829, "today_mcap": 579104.6051522103, "base_price": 3791.0328342676444, "today_price": 4143.4917310215005, "return_pct": 673.8150469739196 }, { "symbol": "FGLD", "metal": "gold", "base_mcap": 193166.28705668196, "today_mcap": 210662.80071829195, "base_price": 125.26996566581191, "today_price": 136.616602281642, "return_pct": 9.057747046965758 } ], "date": "2026-10-06", "fetched_at": "2026-10-06T14:00:00.000Z", "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 } }