{ "snapshot": { "date": "2026-10-18", "fetched_at": "2026-10-18T14:00:00.000Z", "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": 6200058099.569079, "constituents_count": 21, "missing_count": 4, "constituents": [ { "id": "tether-gold", "symbol": "XAUT", "name": "Tether Gold", "metal": "gold", "market_cap_usd": 3356274707.1644273, "price_usd": 4148.698375370461, "volume_24h_usd": 66286010.149282776, "missing": false, "point_utc": "2026-10-18T14:00:00.000Z", "weight_pct": 54.132955744361446 }, { "id": "pax-gold", "symbol": "PAXG", "name": "PAX Gold", "metal": "gold", "market_cap_usd": 1828185562.5896823, "price_usd": 4149.122782444139, "volume_24h_usd": 42797654.93493923, "missing": false, "point_utc": "2026-10-18T14:00:00.000Z", "weight_pct": 29.486587596925034 }, { "id": "kinesis-gold", "symbol": "KAU", "name": "Kinesis Gold", "metal": "gold", "market_cap_usd": 525671611.89195955, "price_usd": 131.98936879012942, "volume_24h_usd": 6091.901709621866, "missing": false, "point_utc": "2026-10-18T14:00:00.000Z", "weight_pct": 8.47849493424094 }, { "id": "kinesis-silver", "symbol": "KAG", "name": "Kinesis Silver", "metal": "silver", "market_cap_usd": 203549668.21983743, "price_usd": 55.40665464072548, "volume_24h_usd": 26123.574218640588, "missing": false, "point_utc": "2026-10-18T14:00:00.000Z", "weight_pct": 3.2830283999110375 }, { "id": "pleasing-gold", "symbol": "PGOLD", "name": "Pleasing Gold", "metal": "gold", "market_cap_usd": 80566554.88931975, "price_usd": 4130.548400126042, "volume_24h_usd": 2.612776250049547, "missing": false, "point_utc": "2026-10-15T23:00:00.000Z", "stale": true, "weight_pct": 1.2994483857323746 }, { "id": "matrixdock-gold", "symbol": "XAUM", "name": "Matrixdock Gold", "metal": "gold", "market_cap_usd": 70339943.90248607, "price_usd": 4136.1144606111875, "volume_24h_usd": 378451.85939184064, "missing": false, "point_utc": "2026-10-18T14:00:00.000Z", "weight_pct": 1.134504592906555 }, { "id": "goldfish-gold", "symbol": "GGBR", "name": "Goldfish Gold", "metal": "gold", "market_cap_usd": 84631707.5109963, "price_usd": 4.152109231080686, "volume_24h_usd": 108529.309761575, "missing": false, "point_utc": "2026-10-18T14:00:00.000Z", "weight_pct": 1.3650147490856324 }, { "id": "streamex-gldy", "symbol": "GLDY", "name": "Streamex GLDY", "metal": "gold", "market_cap_usd": 12819612.317962218, "price_usd": 4165.284909, "volume_24h_usd": 0, "missing": false, "point_utc": "2026-10-18T14:00:00.000Z", "weight_pct": 0.20676600302912024 }, { "id": "uranium", "symbol": "XU3O8", "name": "Uranium³O₈", "metal": "uranium", "market_cap_usd": 9003199.091464741, "price_usd": 5.626999432165463, "volume_24h_usd": 524786.0395205246, "missing": false, "point_utc": "2026-10-18T14:00:00.000Z", "weight_pct": 0.14521152780956179 }, { "id": "gold-token-sa-dgld-tokenized-gold", "symbol": "DGLD", "name": "Gold Token SA DGLD", "metal": "gold", "market_cap_usd": 10073339.889167346, "price_usd": 4176.421155936718, "volume_24h_usd": 8695.58238672219, "missing": false, "point_utc": "2026-10-18T14:00:00.000Z", "weight_pct": 0.16247170151304663 }, { "id": "vnx-gold", "symbol": "VNXAU", "name": "VNX Gold", "metal": "gold", "market_cap_usd": 5908223.4442410525, "price_usd": 134.277805550933, "volume_24h_usd": 2687.2077684418227, "missing": false, "point_utc": "2026-10-18T14:00:00.000Z", "weight_pct": 0.09529303353869684 }, { "id": "comtech-gold", "symbol": "CGO", "name": "Comtech Gold", "metal": "gold", "market_cap_usd": 3180263.5999080236, "price_usd": 132.510983329501, "volume_24h_usd": 873548.1771974238, "missing": false, "point_utc": "2026-10-18T14:00:00.000Z", "weight_pct": 0.051294093520334275 }, { "id": "matrixdock-silver", "symbol": "XAGM", "name": "Matrixdock Silver", "metal": "silver", "market_cap_usd": 4379039.542595052, "price_usd": 59.94127322437667, "volume_24h_usd": 8280.567921115713, "missing": false, "point_utc": "2026-10-18T14:00:00.000Z", "weight_pct": 0.0706290081846073 }, { "id": "gold-dao", "symbol": "GOLDAO", "name": "Gold DAO", "metal": "gold", "market_cap_usd": 3957704.576250991, "price_usd": 0.0058346226488753, "volume_24h_usd": 4.353511917618204, "missing": false, "point_utc": "2026-10-18T14:00:00.000Z", "weight_pct": 0.06383334660244655 }, { "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": 746703.5139653259, "price_usd": 1.2560195787506876, "volume_24h_usd": 1613.93759208068, "missing": false, "point_utc": "2026-10-18T14:00:00.000Z", "weight_pct": 0.012043492205616972 }, { "id": "gold-fgld-finest-tokenized-gold", "symbol": "FGLD", "name": "fGLD", "metal": "gold", "market_cap_usd": 194481.53661737684, "price_usd": 126.12291609427811, "volume_24h_usd": 252.20862351867197, "missing": false, "point_utc": "2026-10-18T01:00:00.000Z", "stale": true, "weight_pct": 0.003136769583351063 }, { "id": "tenbin-gold", "symbol": "TGLD", "name": "Tenbin Gold", "metal": "gold", "market_cap_usd": 575775.8881992254, "price_usd": 4119.693981789522, "volume_24h_usd": 14.718554267199796, "missing": false, "point_utc": "2026-10-16T00:00:00.000Z", "stale": true, "weight_pct": 0.009286620850202086 }, { "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": 118.31, "gmri_ew": 104.76, "base_total_mcap": 5240685620.611613, "today_total_mcap": 6200058099.569079, "active_constituents": 17, "universe_size": 21, "family": { "live": { "TS-GMRI-EW": { "code": "TS-GMRI-EW", "name": "TS-GMRI Equal-Weighted", "n": 17, "value": 104.76, "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": 145.8, "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": 120.14, "notes": "Subset: tokens backed by physical gold." }, "TS-GMRI-PRE": { "code": "TS-GMRI-PRE", "name": "TS-GMRI Precious", "n": 16, "value": 118.33, "notes": "Subset: gold + silver + platinum + palladium." }, "TS-GMRI-AG": { "code": "TS-GMRI-AG", "name": "TS-GMRI Silver", "n": 2, "value": 82.54, "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": 3356274707.1644273, "base_price": 4183.561630896118, "today_price": 4148.698375370461, "return_pct": 30.91089888923935 }, { "symbol": "PAXG", "metal": "gold", "base_mcap": 1905168472.2898455, "today_mcap": 1828185562.5896823, "base_price": 4192.532749581879, "today_price": 4149.122782444139, "return_pct": -4.040740271522358 }, { "symbol": "KAU", "metal": "gold", "base_mcap": 306597540.25711286, "today_mcap": 525671611.89195955, "base_price": 128.4862810930633, "today_price": 131.98936879012942, "return_pct": 71.45330371898322 }, { "symbol": "KAG", "metal": "silver", "base_mcap": 247497505.33844045, "today_mcap": 203549668.21983743, "base_price": 66.49648339812154, "today_price": 55.40665464072548, "return_pct": -17.756880845528745 }, { "symbol": "GGBR", "metal": "gold", "base_mcap": 24655347.962438818, "today_mcap": 84631707.5109963, "base_price": 4.195308142410139, "today_price": 4.152109231080686, "return_pct": 243.25902696619184 }, { "symbol": "PGOLD", "metal": "gold", "base_mcap": 81234682.94380227, "today_mcap": 80566554.88931975, "base_price": 4164.802505571079, "today_price": 4130.548400126042, "return_pct": -0.8224665010937882 }, { "symbol": "XAUM", "metal": "gold", "base_mcap": 64829339.761465766, "today_mcap": 70339943.90248607, "base_price": 4149.36353844632, "today_price": 4136.1144606111875, "return_pct": 8.500170079313051 }, { "symbol": "GLDY", "metal": "gold", "base_mcap": 12937920.44690255, "today_mcap": 12819612.317962218, "base_price": 4203.725, "today_price": 4165.284909, "return_pct": -0.9144292502483053 }, { "symbol": "DGLD", "metal": "gold", "base_mcap": 6689874.9709470635, "today_mcap": 10073339.889167346, "base_price": 4171.559020523995, "today_price": 4176.421155936718, "return_pct": 50.57590661879434 }, { "symbol": "XU3O8", "metal": "uranium", "base_mcap": 8625631.128640588, "today_mcap": 9003199.091464741, "base_price": 5.391019455400367, "today_price": 5.626999432165463, "return_pct": 4.377279264475775 }, { "symbol": "VNXAU", "metal": "gold", "base_mcap": 5948441.188025775, "today_mcap": 5908223.4442410525, "base_price": 134.88528771033504, "today_price": 134.277805550933, "return_pct": -0.6761055966339802 }, { "symbol": "XAGM", "metal": "silver", "base_mcap": 4430060.58209477, "today_mcap": 4379039.542595052, "base_price": 67.13630422341475, "today_price": 59.94127322437667, "return_pct": -1.151700717275339 }, { "symbol": "GOLDAO", "metal": "gold", "base_mcap": 2061583.0358431968, "today_mcap": 3957704.576250991, "base_price": 0.0030392766417300637, "today_price": 0.0058346226488753, "return_pct": 91.9740562199704 }, { "symbol": "CGO", "metal": "gold", "base_mcap": 5256788.688271815, "today_mcap": 3180263.5999080236, "base_price": 134.78945354543114, "today_price": 132.510983329501, "return_pct": -39.501779727167516 }, { "symbol": "GLDT", "metal": "gold", "base_mcap": 698879.6078783438, "today_mcap": 746703.5139653259, "base_price": 1.1757732299433779, "today_price": 1.2560195787506876, "return_pct": 6.842939119681257 }, { "symbol": "TGLD", "metal": "gold", "base_mcap": 74837.59942596829, "today_mcap": 575775.8881992254, "base_price": 3791.0328342676444, "today_price": 4119.693981789522, "return_pct": 669.3671264386306 }, { "symbol": "FGLD", "metal": "gold", "base_mcap": 193166.28705668196, "today_mcap": 194481.53661737684, "base_price": 125.26996566581191, "today_price": 126.12291609427811, "return_pct": 0.6808898078104697 } ], "date": "2026-10-18", "fetched_at": "2026-10-18T14:00:00.000Z", "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 } }