{ "snapshot": { "date": "2026-10-10", "fetched_at": "2026-10-10T14:00:00.000Z", "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": 6260213957.173581, "constituents_count": 21, "missing_count": 4, "constituents": [ { "id": "tether-gold", "symbol": "XAUT", "name": "Tether Gold", "metal": "gold", "market_cap_usd": 3381664726.682128, "price_usd": 4180.083033038338, "volume_24h_usd": 89049737.85426731, "missing": false, "point_utc": "2026-10-10T14:00:00.000Z", "weight_pct": 54.01835703725553 }, { "id": "pax-gold", "symbol": "PAXG", "name": "PAX Gold", "metal": "gold", "market_cap_usd": 1838474410.8403738, "price_usd": 4183.7272973964655, "volume_24h_usd": 76130063.5138495, "missing": false, "point_utc": "2026-10-10T14:00:00.000Z", "weight_pct": 29.367597072839107 }, { "id": "kinesis-gold", "symbol": "KAU", "name": "Kinesis Gold", "metal": "gold", "market_cap_usd": 538310442.1644742, "price_usd": 135.04075105436905, "volume_24h_usd": 157807.44897282438, "missing": false, "point_utc": "2026-10-10T14:00:00.000Z", "weight_pct": 8.598914443612973 }, { "id": "kinesis-silver", "symbol": "KAG", "name": "Kinesis Silver", "metal": "silver", "market_cap_usd": 216408991.17881432, "price_usd": 59.15986731978255, "volume_24h_usd": 98254.46037754901, "missing": false, "point_utc": "2026-10-10T14:00:00.000Z", "weight_pct": 3.4568944873015277 }, { "id": "pleasing-gold", "symbol": "PGOLD", "name": "Pleasing Gold", "metal": "gold", "market_cap_usd": 81452671.09619634, "price_usd": 4175.978490635287, "volume_24h_usd": 9.775837728004081, "missing": false, "point_utc": "2026-10-09T22:00:00.000Z", "stale": true, "weight_pct": 1.3011164099728525 }, { "id": "matrixdock-gold", "symbol": "XAUM", "name": "Matrixdock Gold", "metal": "gold", "market_cap_usd": 68653769.17583768, "price_usd": 4106.834823491323, "volume_24h_usd": 339961.5526442017, "missing": false, "point_utc": "2026-10-10T14:00:00.000Z", "weight_pct": 1.0966680954596975 }, { "id": "goldfish-gold", "symbol": "GGBR", "name": "Goldfish Gold", "metal": "gold", "market_cap_usd": 84204836.82064296, "price_usd": 4.151306721951268, "volume_24h_usd": 92703.54513614169, "missing": false, "point_utc": "2026-10-10T14:00:00.000Z", "weight_pct": 1.3450792160889744 }, { "id": "streamex-gldy", "symbol": "GLDY", "name": "Streamex GLDY", "metal": "gold", "market_cap_usd": 12907466.147656683, "price_usd": 4193.82994, "volume_24h_usd": 0, "missing": false, "point_utc": "2026-10-10T14:00:00.000Z", "weight_pct": 0.20618250807332256 }, { "id": "uranium", "symbol": "XU3O8", "name": "Uranium³O₈", "metal": "uranium", "market_cap_usd": 8956304.995574968, "price_usd": 5.597690622234355, "volume_24h_usd": 571085.1970581468, "missing": false, "point_utc": "2026-10-10T14:00:00.000Z", "weight_pct": 0.1430670749729238 }, { "id": "gold-token-sa-dgld-tokenized-gold", "symbol": "DGLD", "name": "Gold Token SA DGLD", "metal": "gold", "market_cap_usd": 10045116.323575286, "price_usd": 4164.719625190058, "volume_24h_usd": 2029.3276272451526, "missing": false, "point_utc": "2026-10-10T14:00:00.000Z", "weight_pct": 0.16045963272652342 }, { "id": "vnx-gold", "symbol": "VNXAU", "name": "VNX Gold", "metal": "gold", "market_cap_usd": 5923859.72791854, "price_usd": 134.63317563451227, "volume_24h_usd": 16237.011777877895, "missing": false, "point_utc": "2026-10-10T14:00:00.000Z", "weight_pct": 0.09462711288214658 }, { "id": "comtech-gold", "symbol": "CGO", "name": "Comtech Gold", "metal": "gold", "market_cap_usd": 3209986.476585121, "price_usd": 133.74943652438003, "volume_24h_usd": 878863.4965554079, "missing": false, "point_utc": "2026-10-10T14:00:00.000Z", "weight_pct": 0.05127598670819863 }, { "id": "matrixdock-silver", "symbol": "XAGM", "name": "Matrixdock Silver", "metal": "silver", "market_cap_usd": 4597596.952058152, "price_usd": 62.93708133867523, "volume_24h_usd": 6811.393667206914, "missing": false, "point_utc": "2026-10-10T14:00:00.000Z", "weight_pct": 0.07344153064912046 }, { "id": "gold-dao", "symbol": "GOLDAO", "name": "Gold DAO", "metal": "gold", "market_cap_usd": 3898358.364529448, "price_usd": 0.005747131845970687, "volume_24h_usd": 344.1184933294373, "missing": false, "point_utc": "2026-10-10T14:00:00.000Z", "weight_pct": 0.06227196691995356 }, { "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": 725077.9503667515, "price_usd": 1.2196433143259067, "volume_24h_usd": 2003.7784335556019, "missing": false, "point_utc": "2026-10-10T14:00:00.000Z", "weight_pct": 0.011582318996236294 }, { "id": "gold-fgld-finest-tokenized-gold", "symbol": "FGLD", "name": "fGLD", "metal": "gold", "market_cap_usd": 204481.7883393622, "price_usd": 132.60816364420376, "volume_24h_usd": 265.0219974602343, "missing": false, "point_utc": "2026-10-10T14:00:00.000Z", "weight_pct": 0.0032663706023185746 }, { "id": "tenbin-gold", "symbol": "TGLD", "name": "Tenbin Gold", "metal": "gold", "market_cap_usd": 575860.4885092392, "price_usd": 4120.299299579246, "volume_24h_usd": 12.67802893453608, "missing": false, "point_utc": "2026-10-10T14:00:00.000Z", "weight_pct": 0.009198734938593599 }, { "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": 119.45, "gmri_ew": 105.62, "base_total_mcap": 5240685620.611613, "today_total_mcap": 6260213957.173581, "active_constituents": 17, "universe_size": 21, "family": { "live": { "TS-GMRI-EW": { "code": "TS-GMRI-EW", "name": "TS-GMRI Equal-Weighted", "n": 17, "value": 105.62, "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": 146.48, "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": 121.09, "notes": "Subset: tokens backed by physical gold." }, "TS-GMRI-PRE": { "code": "TS-GMRI-PRE", "name": "TS-GMRI Precious", "n": 16, "value": 119.48, "notes": "Subset: gold + silver + platinum + palladium." }, "TS-GMRI-AG": { "code": "TS-GMRI-AG", "name": "TS-GMRI Silver", "n": 2, "value": 87.73, "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": 3381664726.682128, "base_price": 4183.561630896118, "today_price": 4180.083033038338, "return_pct": 31.901232091340592 }, { "symbol": "PAXG", "metal": "gold", "base_mcap": 1905168472.2898455, "today_mcap": 1838474410.8403738, "base_price": 4192.532749581879, "today_price": 4183.7272973964655, "return_pct": -3.500691010769841 }, { "symbol": "KAU", "metal": "gold", "base_mcap": 306597540.25711286, "today_mcap": 538310442.1644742, "base_price": 128.4862810930633, "today_price": 135.04075105436905, "return_pct": 75.57559063032495 }, { "symbol": "KAG", "metal": "silver", "base_mcap": 247497505.33844045, "today_mcap": 216408991.17881432, "base_price": 66.49648339812154, "today_price": 59.15986731978255, "return_pct": -12.561142431360729 }, { "symbol": "GGBR", "metal": "gold", "base_mcap": 24655347.962438818, "today_mcap": 84204836.82064296, "base_price": 4.195308142410139, "today_price": 4.151306721951268, "return_pct": 241.52767565448596 }, { "symbol": "PGOLD", "metal": "gold", "base_mcap": 81234682.94380227, "today_mcap": 81452671.09619634, "base_price": 4164.802505571079, "today_price": 4175.978490635287, "return_pct": 0.26834369815276204 }, { "symbol": "XAUM", "metal": "gold", "base_mcap": 64829339.761465766, "today_mcap": 68653769.17583768, "base_price": 4149.36353844632, "today_price": 4106.834823491323, "return_pct": 5.899226227574728 }, { "symbol": "GLDY", "metal": "gold", "base_mcap": 12937920.44690255, "today_mcap": 12907466.147656683, "base_price": 4203.725, "today_price": 4193.82994, "return_pct": -0.23538790001725873 }, { "symbol": "DGLD", "metal": "gold", "base_mcap": 6689874.9709470635, "today_mcap": 10045116.323575286, "base_price": 4171.559020523995, "today_price": 4164.719625190058, "return_pct": 50.154021819532325 }, { "symbol": "XU3O8", "metal": "uranium", "base_mcap": 8625631.128640588, "today_mcap": 8956304.995574968, "base_price": 5.391019455400367, "today_price": 5.597690622234355, "return_pct": 3.83361938393596 }, { "symbol": "VNXAU", "metal": "gold", "base_mcap": 5948441.188025775, "today_mcap": 5923859.72791854, "base_price": 134.88528771033504, "today_price": 134.63317563451227, "return_pct": -0.4132420466174902 }, { "symbol": "XAGM", "metal": "silver", "base_mcap": 4430060.58209477, "today_mcap": 4597596.952058152, "base_price": 67.13630422341475, "today_price": 62.93708133867523, "return_pct": 3.7818076493247865 }, { "symbol": "GOLDAO", "metal": "gold", "base_mcap": 2061583.0358431968, "today_mcap": 3898358.364529448, "base_price": 0.0030392766417300637, "today_price": 0.005747131845970687, "return_pct": 89.09538431155173 }, { "symbol": "CGO", "metal": "gold", "base_mcap": 5256788.688271815, "today_mcap": 3209986.476585121, "base_price": 134.78945354543114, "today_price": 133.74943652438003, "return_pct": -38.93636082905944 }, { "symbol": "GLDT", "metal": "gold", "base_mcap": 698879.6078783438, "today_mcap": 725077.9503667515, "base_price": 1.1757732299433779, "today_price": 1.2196433143259067, "return_pct": 3.748620247762058 }, { "symbol": "TGLD", "metal": "gold", "base_mcap": 74837.59942596829, "today_mcap": 575860.4885092392, "base_price": 3791.0328342676444, "today_price": 4120.299299579246, "return_pct": 669.4801716333759 }, { "symbol": "FGLD", "metal": "gold", "base_mcap": 193166.28705668196, "today_mcap": 204481.7883393622, "base_price": 125.26996566581191, "today_price": 132.60816364420376, "return_pct": 5.8579069127936645 } ], "date": "2026-10-10", "fetched_at": "2026-10-10T14:00:00.000Z", "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 } }