{ "snapshot": { "date": "2026-10-09", "fetched_at": "2026-10-09T14:00:00.000Z", "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": 6271115330.457546, "constituents_count": 21, "missing_count": 4, "constituents": [ { "id": "tether-gold", "symbol": "XAUT", "name": "Tether Gold", "metal": "gold", "market_cap_usd": 3385434690.787018, "price_usd": 4184.743093766911, "volume_24h_usd": 295276584.40550095, "missing": false, "point_utc": "2026-10-09T14:00:00.000Z", "weight_pct": 53.984570724519166 }, { "id": "pax-gold", "symbol": "PAXG", "name": "PAX Gold", "metal": "gold", "market_cap_usd": 1839749712.4200873, "price_usd": 4186.629439520392, "volume_24h_usd": 184166201.03341508, "missing": false, "point_utc": "2026-10-09T14:00:00.000Z", "weight_pct": 29.336882125015194 }, { "id": "kinesis-gold", "symbol": "KAU", "name": "Kinesis Gold", "metal": "gold", "market_cap_usd": 537661040.4427488, "price_usd": 134.87784190498456, "volume_24h_usd": 63928.8127698686, "missing": false, "point_utc": "2026-10-09T14:00:00.000Z", "weight_pct": 8.573611106009121 }, { "id": "kinesis-silver", "symbol": "KAG", "name": "Kinesis Silver", "metal": "silver", "market_cap_usd": 222122798.7364434, "price_usd": 60.622420281345455, "volume_24h_usd": 114131.09260880988, "missing": false, "point_utc": "2026-10-09T14:00:00.000Z", "weight_pct": 3.5419983054312145 }, { "id": "pleasing-gold", "symbol": "PGOLD", "name": "Pleasing Gold", "metal": "gold", "market_cap_usd": 81452157.38457574, "price_usd": 4175.952153270911, "volume_24h_usd": 9.775776073040843, "missing": false, "point_utc": "2026-10-09T14:00:00.000Z", "weight_pct": 1.2988464267110347 }, { "id": "matrixdock-gold", "symbol": "XAUM", "name": "Matrixdock Gold", "metal": "gold", "market_cap_usd": 69257309.97958975, "price_usd": 4142.9383385641595, "volume_24h_usd": 741648.706901677, "missing": false, "point_utc": "2026-10-09T14:00:00.000Z", "weight_pct": 1.1043858441451542 }, { "id": "goldfish-gold", "symbol": "GGBR", "name": "Goldfish Gold", "metal": "gold", "market_cap_usd": 84411384.03234282, "price_usd": 4.161489519765558, "volume_24h_usd": 109012.31397587791, "missing": false, "point_utc": "2026-10-09T14:00:00.000Z", "weight_pct": 1.3460346299544788 }, { "id": "streamex-gldy", "symbol": "GLDY", "name": "Streamex GLDY", "metal": "gold", "market_cap_usd": 12884395.686245732, "price_usd": 4186.334, "volume_24h_usd": 0, "missing": false, "point_utc": "2026-10-09T14:00:00.000Z", "weight_pct": 0.20545620686752186 }, { "id": "uranium", "symbol": "XU3O8", "name": "Uranium³O₈", "metal": "uranium", "market_cap_usd": 8999475.694177197, "price_usd": 5.624672308860749, "volume_24h_usd": 583713.4979840138, "missing": false, "point_utc": "2026-10-09T14:00:00.000Z", "weight_pct": 0.14350678021290014 }, { "id": "gold-token-sa-dgld-tokenized-gold", "symbol": "DGLD", "name": "Gold Token SA DGLD", "metal": "gold", "market_cap_usd": 10096743.987590406, "price_usd": 4186.124528687478, "volume_24h_usd": 2720.8171890588364, "missing": false, "point_utc": "2026-10-09T14:00:00.000Z", "weight_pct": 0.16100395951183596 }, { "id": "vnx-gold", "symbol": "VNXAU", "name": "VNX Gold", "metal": "gold", "market_cap_usd": 5923062.725860986, "price_usd": 134.61506195138605, "volume_24h_usd": 20239.33906571463, "missing": false, "point_utc": "2026-10-09T14:00:00.000Z", "weight_pct": 0.09444990904718115 }, { "id": "comtech-gold", "symbol": "CGO", "name": "Comtech Gold", "metal": "gold", "market_cap_usd": 3227675.800024111, "price_usd": 134.4864916676713, "volume_24h_usd": 888019.4798530797, "missing": false, "point_utc": "2026-10-09T14:00:00.000Z", "weight_pct": 0.051468927454546065 }, { "id": "matrixdock-silver", "symbol": "XAGM", "name": "Matrixdock Silver", "metal": "silver", "market_cap_usd": 4594515.959609012, "price_usd": 62.8954230565557, "volume_24h_usd": 2843.9244069482, "missing": false, "point_utc": "2026-10-09T14:00:00.000Z", "weight_pct": 0.07326473390298488 }, { "id": "gold-dao", "symbol": "GOLDAO", "name": "Gold DAO", "metal": "gold", "market_cap_usd": 3816883.521122289, "price_usd": 0.005627018038207075, "volume_24h_usd": 186.89206260320557, "missing": false, "point_utc": "2026-10-09T14:00:00.000Z", "weight_pct": 0.06086450846445852 }, { "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": 706395.028465509, "price_usd": 1.1882170369478704, "volume_24h_usd": 7297.30054278643, "missing": false, "point_utc": "2026-10-09T14:00:00.000Z", "weight_pct": 0.01126426466811558 }, { "id": "gold-fgld-finest-tokenized-gold", "symbol": "FGLD", "name": "fGLD", "metal": "gold", "market_cap_usd": 196285.00275650504, "price_usd": 127.29247908982168, "volume_24h_usd": 127.29247908982168, "missing": false, "point_utc": "2026-10-09T14:00:00.000Z", "weight_pct": 0.003129985535478645 }, { "id": "tenbin-gold", "symbol": "TGLD", "name": "Tenbin Gold", "metal": "gold", "market_cap_usd": 580803.2688888728, "price_usd": 4155.665043440055, "volume_24h_usd": 9.526858027067588, "missing": false, "point_utc": "2026-10-09T09:00:00.000Z", "stale": true, "weight_pct": 0.009261562549615826 }, { "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": 119.66, "gmri_ew": 105.31, "base_total_mcap": 5240685620.611613, "today_total_mcap": 6271115330.457546, "active_constituents": 17, "universe_size": 21, "family": { "live": { "TS-GMRI-EW": { "code": "TS-GMRI-EW", "name": "TS-GMRI Equal-Weighted", "n": 17, "value": 105.31, "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": 146.7, "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": 121.19, "notes": "Subset: tokens backed by physical gold." }, "TS-GMRI-PRE": { "code": "TS-GMRI-PRE", "name": "TS-GMRI Precious", "n": 16, "value": 119.69, "notes": "Subset: gold + silver + platinum + palladium." }, "TS-GMRI-AG": { "code": "TS-GMRI-AG", "name": "TS-GMRI Silver", "n": 2, "value": 89.99, "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": 3385434690.787018, "base_price": 4183.561630896118, "today_price": 4184.743093766911, "return_pct": 32.048278871718196 }, { "symbol": "PAXG", "metal": "gold", "base_mcap": 1905168472.2898455, "today_mcap": 1839749712.4200873, "base_price": 4192.532749581879, "today_price": 4186.629439520392, "return_pct": -3.4337519658369398 }, { "symbol": "KAU", "metal": "gold", "base_mcap": 306597540.25711286, "today_mcap": 537661040.4427488, "base_price": 128.4862810930633, "today_price": 134.87784190498456, "return_pct": 75.36378145495426 }, { "symbol": "KAG", "metal": "silver", "base_mcap": 247497505.33844045, "today_mcap": 222122798.7364434, "base_price": 66.49648339812154, "today_price": 60.622420281345455, "return_pct": -10.252510047444074 }, { "symbol": "GGBR", "metal": "gold", "base_mcap": 24655347.962438818, "today_mcap": 84411384.03234282, "base_price": 4.195308142410139, "today_price": 4.161489519765558, "return_pct": 242.36541362522775 }, { "symbol": "PGOLD", "metal": "gold", "base_mcap": 81234682.94380227, "today_mcap": 81452157.38457574, "base_price": 4164.802505571079, "today_price": 4175.952153270911, "return_pct": 0.2677113184819335 }, { "symbol": "XAUM", "metal": "gold", "base_mcap": 64829339.761465766, "today_mcap": 69257309.97958975, "base_price": 4149.36353844632, "today_price": 4142.9383385641595, "return_pct": 6.830194838349946 }, { "symbol": "GLDY", "metal": "gold", "base_mcap": 12937920.44690255, "today_mcap": 12884395.686245732, "base_price": 4203.725, "today_price": 4186.334, "return_pct": -0.41370451206965697 }, { "symbol": "DGLD", "metal": "gold", "base_mcap": 6689874.9709470635, "today_mcap": 10096743.987590406, "base_price": 4171.559020523995, "today_price": 4186.124528687478, "return_pct": 50.92575020368495 }, { "symbol": "XU3O8", "metal": "uranium", "base_mcap": 8625631.128640588, "today_mcap": 8999475.694177197, "base_price": 5.391019455400367, "today_price": 5.624672308860749, "return_pct": 4.334112599544082 }, { "symbol": "VNXAU", "metal": "gold", "base_mcap": 5948441.188025775, "today_mcap": 5923062.725860986, "base_price": 134.88528771033504, "today_price": 134.61506195138605, "return_pct": -0.4266405493909331 }, { "symbol": "XAGM", "metal": "silver", "base_mcap": 4430060.58209477, "today_mcap": 4594515.959609012, "base_price": 67.13630422341475, "today_price": 62.8954230565557, "return_pct": 3.7122602381315373 }, { "symbol": "GOLDAO", "metal": "gold", "base_mcap": 2061583.0358431968, "today_mcap": 3816883.521122289, "base_price": 0.0030392766417300637, "today_price": 0.005627018038207075, "return_pct": 85.14333183582714 }, { "symbol": "CGO", "metal": "gold", "base_mcap": 5256788.688271815, "today_mcap": 3227675.800024111, "base_price": 134.78945354543114, "today_price": 134.4864916676713, "return_pct": -38.599856463219965 }, { "symbol": "GLDT", "metal": "gold", "base_mcap": 698879.6078783438, "today_mcap": 706395.028465509, "base_price": 1.1757732299433779, "today_price": 1.1882170369478704, "return_pct": 1.0753526791231538 }, { "symbol": "TGLD", "metal": "gold", "base_mcap": 74837.59942596829, "today_mcap": 580803.2688888728, "base_price": 3791.0328342676444, "today_price": 4155.665043440055, "return_pct": 676.0848468468336 }, { "symbol": "FGLD", "metal": "gold", "base_mcap": 193166.28705668196, "today_mcap": 196285.00275650504, "base_price": 125.26996566581191, "today_price": 127.29247908982168, "return_pct": 1.614523811242452 } ], "date": "2026-10-09", "fetched_at": "2026-10-09T14:00:00.000Z", "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 } }