{ "snapshot": { "date": "2026-10-07", "fetched_at": "2026-10-07T14:00:00.000Z", "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": 6136460105.594235, "constituents_count": 21, "missing_count": 4, "constituents": [ { "id": "tether-gold", "symbol": "XAUT", "name": "Tether Gold", "metal": "gold", "market_cap_usd": 3318613343.868279, "price_usd": 4102.145083297128, "volume_24h_usd": 291154919.5396533, "missing": false, "point_utc": "2026-10-07T14:00:00.000Z", "weight_pct": 54.08025615359093 }, { "id": "pax-gold", "symbol": "PAXG", "name": "PAX Gold", "metal": "gold", "market_cap_usd": 1789552879.6770205, "price_usd": 4109.851571501002, "volume_24h_usd": 159210942.14130363, "missing": false, "point_utc": "2026-10-07T14:00:00.000Z", "weight_pct": 29.162625502047906 }, { "id": "kinesis-gold", "symbol": "KAU", "name": "Kinesis Gold", "metal": "gold", "market_cap_usd": 526452842.45497817, "price_usd": 132.06946242749163, "volume_24h_usd": 200520.14806827257, "missing": false, "point_utc": "2026-10-07T14:00:00.000Z", "weight_pct": 8.579096635453448 }, { "id": "kinesis-silver", "symbol": "KAG", "name": "Kinesis Silver", "metal": "silver", "market_cap_usd": 219252916.11376438, "price_usd": 59.83916331042726, "volume_24h_usd": 172522.87706921028, "missing": false, "point_utc": "2026-10-07T14:00:00.000Z", "weight_pct": 3.5729543147177787 }, { "id": "pleasing-gold", "symbol": "PGOLD", "name": "Pleasing Gold", "metal": "gold", "market_cap_usd": 80755253.08030777, "price_usd": 4140.222724812793, "volume_24h_usd": 12.16819334354147, "missing": false, "point_utc": "2026-10-07T14:00:00.000Z", "weight_pct": 1.3159908431033087 }, { "id": "matrixdock-gold", "symbol": "XAUM", "name": "Matrixdock Gold", "metal": "gold", "market_cap_usd": 68352663.51467109, "price_usd": 4088.8228304183394, "volume_24h_usd": 555408.2230440334, "missing": false, "point_utc": "2026-10-07T14:00:00.000Z", "weight_pct": 1.1138777461024825 }, { "id": "goldfish-gold", "symbol": "GGBR", "name": "Goldfish Gold", "metal": "gold", "market_cap_usd": 83074298.12211144, "price_usd": 4.095571053124588, "volume_24h_usd": 114854.69684663968, "missing": false, "point_utc": "2026-10-07T14:00:00.000Z", "weight_pct": 1.3537820941160799 }, { "id": "streamex-gldy", "symbol": "GLDY", "name": "Streamex GLDY", "metal": "gold", "market_cap_usd": 12613851.11947114, "price_usd": 4098.43, "volume_24h_usd": 0, "missing": false, "point_utc": "2026-10-07T14:00:00.000Z", "weight_pct": 0.20555582375532538 }, { "id": "uranium", "symbol": "XU3O8", "name": "Uranium³O₈", "metal": "uranium", "market_cap_usd": 8945449.01248994, "price_usd": 5.590905632806212, "volume_24h_usd": 583236.903039975, "missing": false, "point_utc": "2026-10-07T14:00:00.000Z", "weight_pct": 0.14577539588882718 }, { "id": "gold-token-sa-dgld-tokenized-gold", "symbol": "DGLD", "name": "Gold Token SA DGLD", "metal": "gold", "market_cap_usd": 9867778.917882206, "price_usd": 4091.1952826160546, "volume_24h_usd": 213.85744365856002, "missing": false, "point_utc": "2026-10-07T14:00:00.000Z", "weight_pct": 0.160805721019621 }, { "id": "vnx-gold", "symbol": "VNXAU", "name": "VNX Gold", "metal": "gold", "market_cap_usd": 5785018.688557173, "price_usd": 131.4776974672085, "volume_24h_usd": 17235.289867580716, "missing": false, "point_utc": "2026-10-07T14:00:00.000Z", "weight_pct": 0.09427289657246081 }, { "id": "comtech-gold", "symbol": "CGO", "name": "Comtech Gold", "metal": "gold", "market_cap_usd": 3155643.374496815, "price_usd": 131.48514060403394, "volume_24h_usd": 871011.4718784594, "missing": false, "point_utc": "2026-10-07T14:00:00.000Z", "weight_pct": 0.051424490996364626 }, { "id": "matrixdock-silver", "symbol": "XAGM", "name": "Matrixdock Silver", "metal": "silver", "market_cap_usd": 4493990.528274729, "price_usd": 61.52031945017346, "volume_24h_usd": 5191.876320435038, "missing": false, "point_utc": "2026-10-07T14:00:00.000Z", "weight_pct": 0.07323424989234156 }, { "id": "gold-dao", "symbol": "GOLDAO", "name": "Gold DAO", "metal": "gold", "market_cap_usd": 4018296.264056386, "price_usd": 0.005923949587556971, "volume_24h_usd": 266.55371081533366, "missing": false, "point_utc": "2026-10-07T14:00:00.000Z", "weight_pct": 0.0654823170836416 }, { "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": 738234.8575699218, "price_usd": 1.2417743609250156, "volume_24h_usd": 2106.2658135577217, "missing": false, "point_utc": "2026-10-07T14:00:00.000Z", "weight_pct": 0.012030304847853866 }, { "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": 0.0034329694497034786 }, { "id": "tenbin-gold", "symbol": "TGLD", "name": "Tenbin Gold", "metal": "gold", "market_cap_usd": 576983.1995863038, "price_usd": 4128.313080493991, "volume_24h_usd": 15.314847063167562, "missing": false, "point_utc": "2026-10-07T14:00:00.000Z", "weight_pct": 0.009402541361921403 }, { "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": 117.09, "gmri_ew": 105.23, "base_total_mcap": 5240685620.611613, "today_total_mcap": 6136460105.594235, "active_constituents": 17, "universe_size": 21, "family": { "live": { "TS-GMRI-EW": { "code": "TS-GMRI-EW", "name": "TS-GMRI Equal-Weighted", "n": 17, "value": 105.23, "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": 144.02, "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": 118.55, "notes": "Subset: tokens backed by physical gold." }, "TS-GMRI-PRE": { "code": "TS-GMRI-PRE", "name": "TS-GMRI Precious", "n": 16, "value": 117.11, "notes": "Subset: gold + silver + platinum + palladium." }, "TS-GMRI-AG": { "code": "TS-GMRI-AG", "name": "TS-GMRI Silver", "n": 2, "value": 88.81, "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": 3318613343.868279, "base_price": 4183.561630896118, "today_price": 4102.145083297128, "return_pct": 29.441924102411377 }, { "symbol": "PAXG", "metal": "gold", "base_mcap": 1905168472.2898455, "today_mcap": 1789552879.6770205, "base_price": 4192.532749581879, "today_price": 4109.851571501002, "return_pct": -6.068523298302598 }, { "symbol": "KAU", "metal": "gold", "base_mcap": 306597540.25711286, "today_mcap": 526452842.45497817, "base_price": 128.4862810930633, "today_price": 132.06946242749163, "return_pct": 71.70811025212222 }, { "symbol": "KAG", "metal": "silver", "base_mcap": 247497505.33844045, "today_mcap": 219252916.11376438, "base_price": 66.49648339812154, "today_price": 59.83916331042726, "return_pct": -11.412070269578278 }, { "symbol": "GGBR", "metal": "gold", "base_mcap": 24655347.962438818, "today_mcap": 83074298.12211144, "base_price": 4.195308142410139, "today_price": 4.095571053124588, "return_pct": 236.94230658870015 }, { "symbol": "PGOLD", "metal": "gold", "base_mcap": 81234682.94380227, "today_mcap": 80755253.08030777, "base_price": 4164.802505571079, "today_price": 4140.222724812793, "return_pct": -0.5901787833974437 }, { "symbol": "XAUM", "metal": "gold", "base_mcap": 64829339.761465766, "today_mcap": 68352663.51467109, "base_price": 4149.36353844632, "today_price": 4088.8228304183394, "return_pct": 5.4347672923542145 }, { "symbol": "GLDY", "metal": "gold", "base_mcap": 12937920.44690255, "today_mcap": 12613851.11947114, "base_price": 4203.725, "today_price": 4098.43, "return_pct": -2.5048022884465615 }, { "symbol": "DGLD", "metal": "gold", "base_mcap": 6689874.9709470635, "today_mcap": 9867778.917882206, "base_price": 4171.559020523995, "today_price": 4091.1952826160546, "return_pct": 47.503188934564754 }, { "symbol": "XU3O8", "metal": "uranium", "base_mcap": 8625631.128640588, "today_mcap": 8945449.01248994, "base_price": 5.391019455400367, "today_price": 5.590905632806212, "return_pct": 3.7077621229062885 }, { "symbol": "VNXAU", "metal": "gold", "base_mcap": 5948441.188025775, "today_mcap": 5785018.688557173, "base_price": 134.88528771033504, "today_price": 131.4776974672085, "return_pct": -2.747316385973053 }, { "symbol": "XAGM", "metal": "silver", "base_mcap": 4430060.58209477, "today_mcap": 4493990.528274729, "base_price": 67.13630422341475, "today_price": 61.52031945017346, "return_pct": 1.443094174340387 }, { "symbol": "GOLDAO", "metal": "gold", "base_mcap": 2061583.0358431968, "today_mcap": 4018296.264056386, "base_price": 0.0030392766417300637, "today_price": 0.005923949587556971, "return_pct": 94.91314170679934 }, { "symbol": "CGO", "metal": "gold", "base_mcap": 5256788.688271815, "today_mcap": 3155643.374496815, "base_price": 134.78945354543114, "today_price": 131.48514060403394, "return_pct": -39.9701307846513 }, { "symbol": "GLDT", "metal": "gold", "base_mcap": 698879.6078783438, "today_mcap": 738234.8575699218, "base_price": 1.1757732299433779, "today_price": 1.2417743609250156, "return_pct": 5.631191588355611 }, { "symbol": "TGLD", "metal": "gold", "base_mcap": 74837.59942596829, "today_mcap": 576983.1995863038, "base_price": 3791.0328342676444, "today_price": 4128.313080493991, "return_pct": 670.9803681731851 }, { "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": "2026-10-07", "fetched_at": "2026-10-07T14:00:00.000Z", "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 } }