{ "snapshot": { "date": "2026-10-12", "fetched_at": "2026-10-12T14:00:00.000Z", "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": 6247036860.489065, "constituents_count": 21, "missing_count": 4, "constituents": [ { "id": "tether-gold", "symbol": "XAUT", "name": "Tether Gold", "metal": "gold", "market_cap_usd": 3372100924.7260456, "price_usd": 4168.2611968957635, "volume_24h_usd": 157516495.8328268, "missing": false, "point_utc": "2026-10-12T14:00:00.000Z", "weight_pct": 53.9792064627269 }, { "id": "pax-gold", "symbol": "PAXG", "name": "PAX Gold", "metal": "gold", "market_cap_usd": 1831803442.0733795, "price_usd": 4168.590852040487, "volume_24h_usd": 133113594.9731684, "missing": false, "point_utc": "2026-10-12T14:00:00.000Z", "weight_pct": 29.322757060376496 }, { "id": "kinesis-gold", "symbol": "KAU", "name": "Kinesis Gold", "metal": "gold", "market_cap_usd": 534221421.6208585, "price_usd": 134.01497789071584, "volume_24h_usd": 98401.52536115318, "missing": false, "point_utc": "2026-10-12T14:00:00.000Z", "weight_pct": 8.551597077963065 }, { "id": "kinesis-silver", "symbol": "KAG", "name": "Kinesis Silver", "metal": "silver", "market_cap_usd": 223298045.22799885, "price_usd": 60.76902679524033, "volume_24h_usd": 1058704.3289843164, "missing": false, "point_utc": "2026-10-12T14:00:00.000Z", "weight_pct": 3.574463385037837 }, { "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": 1.3038609010195534 }, { "id": "matrixdock-gold", "symbol": "XAUM", "name": "Matrixdock Gold", "metal": "gold", "market_cap_usd": 68458566.26939136, "price_usd": 4095.1578813006145, "volume_24h_usd": 649809.349876429, "missing": false, "point_utc": "2026-10-12T14:00:00.000Z", "weight_pct": 1.095856608472643 }, { "id": "goldfish-gold", "symbol": "GGBR", "name": "Goldfish Gold", "metal": "gold", "market_cap_usd": 84151461.82862312, "price_usd": 4.148180970191121, "volume_24h_usd": 112093.0667471849, "missing": false, "point_utc": "2026-10-12T14:00:00.000Z", "weight_pct": 1.347062034496065 }, { "id": "streamex-gldy", "symbol": "GLDY", "name": "Streamex GLDY", "metal": "gold", "market_cap_usd": 12843375.732819589, "price_usd": 4173.006, "volume_24h_usd": 0, "missing": false, "point_utc": "2026-10-12T14:00:00.000Z", "weight_pct": 0.20559148312459474 }, { "id": "uranium", "symbol": "XU3O8", "name": "Uranium³O₈", "metal": "uranium", "market_cap_usd": 8974241.642784314, "price_usd": 5.608901026740196, "volume_24h_usd": 516200.28478187136, "missing": false, "point_utc": "2026-10-12T14:00:00.000Z", "weight_pct": 0.14365597391531548 }, { "id": "gold-token-sa-dgld-tokenized-gold", "symbol": "DGLD", "name": "Gold Token SA DGLD", "metal": "gold", "market_cap_usd": 10065275.882164873, "price_usd": 4173.077807075536, "volume_24h_usd": 3122.0303660206246, "missing": false, "point_utc": "2026-10-12T14:00:00.000Z", "weight_pct": 0.16112080186088237 }, { "id": "vnx-gold", "symbol": "VNXAU", "name": "VNX Gold", "metal": "gold", "market_cap_usd": 5905091.599394044, "price_usd": 134.20662725895554, "volume_24h_usd": 20107.15518785581, "missing": false, "point_utc": "2026-10-12T14:00:00.000Z", "weight_pct": 0.09452628071946015 }, { "id": "comtech-gold", "symbol": "CGO", "name": "Comtech Gold", "metal": "gold", "market_cap_usd": 3213417.2444988545, "price_usd": 133.89238518745228, "volume_24h_usd": 876257.3749069873, "missing": false, "point_utc": "2026-10-12T14:00:00.000Z", "weight_pct": 0.05143906329131671 }, { "id": "matrixdock-silver", "symbol": "XAGM", "name": "Matrixdock Silver", "metal": "silver", "market_cap_usd": 4572201.116484185, "price_usd": 62.58840390742058, "volume_24h_usd": 999.2341086373593, "missing": false, "point_utc": "2026-10-12T14:00:00.000Z", "weight_pct": 0.07318991737350239 }, { "id": "gold-dao", "symbol": "GOLDAO", "name": "Gold DAO", "metal": "gold", "market_cap_usd": 4441423.259587998, "price_usd": 0.006547742067241723, "volume_24h_usd": 494.89202499773705, "missing": false, "point_utc": "2026-10-12T14:00:00.000Z", "weight_pct": 0.07109647915924558 }, { "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": 755010.0614228199, "price_usd": 1.2699916928895203, "volume_24h_usd": 4783.978276476021, "missing": false, "point_utc": "2026-10-12T14:00:00.000Z", "weight_pct": 0.012085890931716256 }, { "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", "stale": true, "weight_pct": 0.0032732604738201247 }, { "id": "tenbin-gold", "symbol": "TGLD", "name": "Tenbin Gold", "metal": "gold", "market_cap_usd": 575809.319076121, "price_usd": 4119.9331807298995, "volume_24h_usd": 12.676902398566723, "missing": false, "point_utc": "2026-10-10T16:00:00.000Z", "stale": true, "weight_pct": 0.009217319057583443 }, { "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": 119.2, "gmri_ew": 107.41, "base_total_mcap": 5240685620.611613, "today_total_mcap": 6247036860.489065, "active_constituents": 17, "universe_size": 21, "family": { "live": { "TS-GMRI-EW": { "code": "TS-GMRI-EW", "name": "TS-GMRI Equal-Weighted", "n": 17, "value": 107.41, "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": 146.29, "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": 120.68, "notes": "Subset: tokens backed by physical gold." }, "TS-GMRI-PRE": { "code": "TS-GMRI-PRE", "name": "TS-GMRI Precious", "n": 16, "value": 119.23, "notes": "Subset: gold + silver + platinum + palladium." }, "TS-GMRI-AG": { "code": "TS-GMRI-AG", "name": "TS-GMRI Silver", "n": 2, "value": 90.45, "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": 3372100924.7260456, "base_price": 4183.561630896118, "today_price": 4168.2611968957635, "return_pct": 31.528197694544403 }, { "symbol": "PAXG", "metal": "gold", "base_mcap": 1905168472.2898455, "today_mcap": 1831803442.0733795, "base_price": 4192.532749581879, "today_price": 4168.590852040487, "return_pct": -3.8508421319972674 }, { "symbol": "KAU", "metal": "gold", "base_mcap": 306597540.25711286, "today_mcap": 534221421.6208585, "base_price": 128.4862810930633, "today_price": 134.01497789071584, "return_pct": 74.24191373905353 }, { "symbol": "KAG", "metal": "silver", "base_mcap": 247497505.33844045, "today_mcap": 223298045.22799885, "base_price": 66.49648339812154, "today_price": 60.76902679524033, "return_pct": -9.777658193907868 }, { "symbol": "GGBR", "metal": "gold", "base_mcap": 24655347.962438818, "today_mcap": 84151461.82862312, "base_price": 4.195308142410139, "today_price": 4.148180970191121, "return_pct": 241.31119121426977 }, { "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": 68458566.26939136, "base_price": 4149.36353844632, "today_price": 4095.1578813006145, "return_pct": 5.598123505929631 }, { "symbol": "GLDY", "metal": "gold", "base_mcap": 12937920.44690255, "today_mcap": 12843375.732819589, "base_price": 4203.725, "today_price": 4173.006, "return_pct": -0.7307566503517715 }, { "symbol": "DGLD", "metal": "gold", "base_mcap": 6689874.9709470635, "today_mcap": 10065275.882164873, "base_price": 4171.559020523995, "today_price": 4173.077807075536, "return_pct": 50.455366144757186 }, { "symbol": "XU3O8", "metal": "uranium", "base_mcap": 8625631.128640588, "today_mcap": 8974241.642784314, "base_price": 5.391019455400367, "today_price": 5.608901026740196, "return_pct": 4.04156529469708 }, { "symbol": "VNXAU", "metal": "gold", "base_mcap": 5948441.188025775, "today_mcap": 5905091.599394044, "base_price": 134.88528771033504, "today_price": 134.20662725895554, "return_pct": -0.7287554379623695 }, { "symbol": "XAGM", "metal": "silver", "base_mcap": 4430060.58209477, "today_mcap": 4572201.116484185, "base_price": 67.13630422341475, "today_price": 62.58840390742058, "return_pct": 3.2085460628667795 }, { "symbol": "GOLDAO", "metal": "gold", "base_mcap": 2061583.0358431968, "today_mcap": 4441423.259587998, "base_price": 0.0030392766417300637, "today_price": 0.006547742067241723, "return_pct": 115.43751487901797 }, { "symbol": "CGO", "metal": "gold", "base_mcap": 5256788.688271815, "today_mcap": 3213417.2444988545, "base_price": 134.78945354543114, "today_price": 133.89238518745228, "return_pct": -38.87109726004081 }, { "symbol": "GLDT", "metal": "gold", "base_mcap": 698879.6078783438, "today_mcap": 755010.0614228199, "base_price": 1.1757732299433779, "today_price": 1.2699916928895203, "return_pct": 8.031491105438992 }, { "symbol": "TGLD", "metal": "gold", "base_mcap": 74837.59942596829, "today_mcap": 575809.319076121, "base_price": 3791.0328342676444, "today_price": 4119.9331807298995, "return_pct": 669.4117976696054 }, { "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": "2026-10-12", "fetched_at": "2026-10-12T14:00:00.000Z", "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 } }