{ "snapshot": { "date": "2026-10-08", "fetched_at": "2026-10-08T14:00:00.000Z", "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": 6175285067.938204, "constituents_count": 21, "missing_count": 4, "constituents": [ { "id": "tether-gold", "symbol": "XAUT", "name": "Tether Gold", "metal": "gold", "market_cap_usd": 3339854114.526024, "price_usd": 4128.400845535926, "volume_24h_usd": 206850374.62906304, "missing": false, "point_utc": "2026-10-08T14:00:00.000Z", "weight_pct": 54.08420951878631 }, { "id": "pax-gold", "symbol": "PAXG", "name": "PAX Gold", "metal": "gold", "market_cap_usd": 1805492566.8770406, "price_usd": 4134.827665150064, "volume_24h_usd": 163240181.62890437, "missing": false, "point_utc": "2026-10-08T14:00:00.000Z", "weight_pct": 29.237396282336427 }, { "id": "kinesis-gold", "symbol": "KAU", "name": "Kinesis Gold", "metal": "gold", "market_cap_usd": 529459895.38607955, "price_usd": 132.82049970759866, "volume_24h_usd": 90589.58136622842, "missing": false, "point_utc": "2026-10-08T14:00:00.000Z", "weight_pct": 8.573853507346746 }, { "id": "kinesis-silver", "symbol": "KAG", "name": "Kinesis Silver", "metal": "silver", "market_cap_usd": 217350997.39925492, "price_usd": 59.320085951831786, "volume_24h_usd": 247243.88760329437, "missing": false, "point_utc": "2026-10-08T14:00:00.000Z", "weight_pct": 3.5196917228603954 }, { "id": "pleasing-gold", "symbol": "PGOLD", "name": "Pleasing Gold", "metal": "gold", "market_cap_usd": 80727906.57740302, "price_usd": 4138.820703167739, "volume_24h_usd": 9.381442037441213, "missing": false, "point_utc": "2026-10-08T14:00:00.000Z", "weight_pct": 1.3072741693584091 }, { "id": "matrixdock-gold", "symbol": "XAUM", "name": "Matrixdock Gold", "metal": "gold", "market_cap_usd": 68753555.99393632, "price_usd": 4112.8040220424355, "volume_24h_usd": 538962.0925288753, "missing": false, "point_utc": "2026-10-08T14:00:00.000Z", "weight_pct": 1.1133665124368366 }, { "id": "goldfish-gold", "symbol": "GGBR", "name": "Goldfish Gold", "metal": "gold", "market_cap_usd": 83351653.18097337, "price_usd": 4.109244684755431, "volume_24h_usd": 107503.75012522595, "missing": false, "point_utc": "2026-10-08T14:00:00.000Z", "weight_pct": 1.349762031452302 }, { "id": "streamex-gldy", "symbol": "GLDY", "name": "Streamex GLDY", "metal": "gold", "market_cap_usd": 12672801.913883232, "price_usd": 4117.584, "volume_24h_usd": 0, "missing": false, "point_utc": "2026-10-08T14:00:00.000Z", "weight_pct": 0.20521808749655682 }, { "id": "uranium", "symbol": "XU3O8", "name": "Uranium³O₈", "metal": "uranium", "market_cap_usd": 8799341.428020991, "price_usd": 5.49958839251312, "volume_24h_usd": 733563.2076417722, "missing": false, "point_utc": "2026-10-08T14:00:00.000Z", "weight_pct": 0.14249287816212353 }, { "id": "gold-token-sa-dgld-tokenized-gold", "symbol": "DGLD", "name": "Gold Token SA DGLD", "metal": "gold", "market_cap_usd": 9978596.144302173, "price_usd": 4137.140263521572, "volume_24h_usd": 5301.313277199904, "missing": false, "point_utc": "2026-10-08T14:00:00.000Z", "weight_pct": 0.16158923895045083 }, { "id": "vnx-gold", "symbol": "VNXAU", "name": "VNX Gold", "metal": "gold", "market_cap_usd": 5830145.219590646, "price_usd": 132.50330044524196, "volume_24h_usd": 23094.887022725594, "missing": false, "point_utc": "2026-10-08T14:00:00.000Z", "weight_pct": 0.09441094873272315 }, { "id": "comtech-gold", "symbol": "CGO", "name": "Comtech Gold", "metal": "gold", "market_cap_usd": 3181311.9641874647, "price_usd": 132.5546651744777, "volume_24h_usd": 874724.0314185033, "missing": false, "point_utc": "2026-10-08T14:00:00.000Z", "weight_pct": 0.05151684382482503 }, { "id": "matrixdock-silver", "symbol": "XAGM", "name": "Matrixdock Silver", "metal": "silver", "market_cap_usd": 4471878.166209753, "price_usd": 61.21710908761468, "volume_24h_usd": 13760.139509069204, "missing": false, "point_utc": "2026-10-08T14:00:00.000Z", "weight_pct": 0.07241573655324089 }, { "id": "gold-dao", "symbol": "GOLDAO", "name": "Gold DAO", "metal": "gold", "market_cap_usd": 3891222.197323306, "price_usd": 0.005736611393520302, "volume_24h_usd": 1057.566980706681, "missing": false, "point_utc": "2026-10-08T14:00:00.000Z", "weight_pct": 0.06301283510823416 }, { "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": 697744.6473540504, "price_usd": 1.1736663538335583, "volume_24h_usd": 10681.295299402818, "missing": false, "point_utc": "2026-10-08T14:00:00.000Z", "weight_pct": 0.011298986843161437 }, { "id": "gold-fgld-finest-tokenized-gold", "symbol": "FGLD", "name": "fGLD", "metal": "gold", "market_cap_usd": 194467.35810209188, "price_usd": 126.11372120758227, "volume_24h_usd": 126.11372120758227, "missing": false, "point_utc": "2026-10-08T14:00:00.000Z", "weight_pct": 0.0031491235783066515 }, { "id": "tenbin-gold", "symbol": "TGLD", "name": "Tenbin Gold", "metal": "gold", "market_cap_usd": 576868.9585177384, "price_usd": 4127.495685987485, "volume_24h_usd": 9.483957306953462, "missing": false, "point_utc": "2026-10-08T06:00:00.000Z", "stale": true, "weight_pct": 0.009341576172941643 }, { "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": 117.83, "gmri_ew": 104.2, "base_total_mcap": 5240685620.611613, "today_total_mcap": 6175285067.938204, "active_constituents": 17, "universe_size": 21, "family": { "live": { "TS-GMRI-EW": { "code": "TS-GMRI-EW", "name": "TS-GMRI Equal-Weighted", "n": 17, "value": 104.2, "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": 144.68, "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": 119.37, "notes": "Subset: tokens backed by physical gold." }, "TS-GMRI-PRE": { "code": "TS-GMRI-PRE", "name": "TS-GMRI Precious", "n": 16, "value": 117.86, "notes": "Subset: gold + silver + platinum + palladium." }, "TS-GMRI-AG": { "code": "TS-GMRI-AG", "name": "TS-GMRI Silver", "n": 2, "value": 88.05, "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": 3339854114.526024, "base_price": 4183.561630896118, "today_price": 4128.400845535926, "return_pct": 30.270416589623437 }, { "symbol": "PAXG", "metal": "gold", "base_mcap": 1905168472.2898455, "today_mcap": 1805492566.8770406, "base_price": 4192.532749581879, "today_price": 4134.827665150064, "return_pct": -5.231868302597043 }, { "symbol": "KAU", "metal": "gold", "base_mcap": 306597540.25711286, "today_mcap": 529459895.38607955, "base_price": 128.4862810930633, "today_price": 132.82049970759866, "return_pct": 72.68889207071727 }, { "symbol": "KAG", "metal": "silver", "base_mcap": 247497505.33844045, "today_mcap": 217350997.39925492, "base_price": 66.49648339812154, "today_price": 59.320085951831786, "return_pct": -12.180530021085135 }, { "symbol": "GGBR", "metal": "gold", "base_mcap": 24655347.962438818, "today_mcap": 83351653.18097337, "base_price": 4.195308142410139, "today_price": 4.109244684755431, "return_pct": 238.0672351814114 }, { "symbol": "PGOLD", "metal": "gold", "base_mcap": 81234682.94380227, "today_mcap": 80727906.57740302, "base_price": 4164.802505571079, "today_price": 4138.820703167739, "return_pct": -0.6238423639196466 }, { "symbol": "XAUM", "metal": "gold", "base_mcap": 64829339.761465766, "today_mcap": 68753555.99393632, "base_price": 4149.36353844632, "today_price": 4112.8040220424355, "return_pct": 6.053148538777942 }, { "symbol": "GLDY", "metal": "gold", "base_mcap": 12937920.44690255, "today_mcap": 12672801.913883232, "base_price": 4203.725, "today_price": 4117.584, "return_pct": -2.0491587817947243 }, { "symbol": "DGLD", "metal": "gold", "base_mcap": 6689874.9709470635, "today_mcap": 9978596.144302173, "base_price": 4171.559020523995, "today_price": 4137.140263521572, "return_pct": 49.15968067620755 }, { "symbol": "XU3O8", "metal": "uranium", "base_mcap": 8625631.128640588, "today_mcap": 8799341.428020991, "base_price": 5.391019455400367, "today_price": 5.49958839251312, "return_pct": 2.0138850918817397 }, { "symbol": "VNXAU", "metal": "gold", "base_mcap": 5948441.188025775, "today_mcap": 5830145.219590646, "base_price": 134.88528771033504, "today_price": 132.50330044524196, "return_pct": -1.988688543702155 }, { "symbol": "XAGM", "metal": "silver", "base_mcap": 4430060.58209477, "today_mcap": 4471878.166209753, "base_price": 67.13630422341475, "today_price": 61.21710908761468, "return_pct": 0.9439506151224908 }, { "symbol": "GOLDAO", "metal": "gold", "base_mcap": 2061583.0358431968, "today_mcap": 3891222.197323306, "base_price": 0.0030392766417300637, "today_price": 0.005736611393520302, "return_pct": 88.74923443148039 }, { "symbol": "CGO", "metal": "gold", "base_mcap": 5256788.688271815, "today_mcap": 3181311.9641874647, "base_price": 134.78945354543114, "today_price": 132.5546651744777, "return_pct": -39.48183667178506 }, { "symbol": "GLDT", "metal": "gold", "base_mcap": 698879.6078783438, "today_mcap": 697744.6473540504, "base_price": 1.1757732299433779, "today_price": 1.1736663538335583, "return_pct": -0.16239714415746676 }, { "symbol": "TGLD", "metal": "gold", "base_mcap": 74837.59942596829, "today_mcap": 576868.9585177384, "base_price": 3791.0328342676444, "today_price": 4127.495685987485, "return_pct": 670.8277162048674 }, { "symbol": "FGLD", "metal": "gold", "base_mcap": 193166.28705668196, "today_mcap": 194467.35810209188, "base_price": 125.26996566581191, "today_price": 126.11372120758227, "return_pct": 0.6735497509605004 } ], "date": "2026-10-08", "fetched_at": "2026-10-08T14:00:00.000Z", "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 } }