{ "snapshot": { "date": "2026-10-20", "fetched_at": "2026-10-20T14:00:00.000Z", "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": 6182186403.585906, "constituents_count": 21, "missing_count": 4, "constituents": [ { "id": "tether-gold", "symbol": "XAUT", "name": "Tether Gold", "metal": "gold", "market_cap_usd": 3335325193.1279216, "price_usd": 4122.802636066845, "volume_24h_usd": 176684477.78774926, "missing": false, "point_utc": "2026-10-20T14:00:00.000Z", "weight_pct": 53.950576307328824 }, { "id": "pax-gold", "symbol": "PAXG", "name": "PAX Gold", "metal": "gold", "market_cap_usd": 1823193602.5642593, "price_usd": 4126.655134937599, "volume_24h_usd": 99591396.66678393, "missing": false, "point_utc": "2026-10-20T14:00:00.000Z", "weight_pct": 29.491081043863975 }, { "id": "kinesis-gold", "symbol": "KAU", "name": "Kinesis Gold", "metal": "gold", "market_cap_usd": 527838336.20335907, "price_usd": 132.53340534780952, "volume_24h_usd": 163705.23965272744, "missing": false, "point_utc": "2026-10-20T14:00:00.000Z", "weight_pct": 8.538052749383171 }, { "id": "kinesis-silver", "symbol": "KAG", "name": "Kinesis Silver", "metal": "silver", "market_cap_usd": 210553508.03351158, "price_usd": 57.31311480403115, "volume_24h_usd": 100704.7145929059, "missing": false, "point_utc": "2026-10-20T14:00:00.000Z", "weight_pct": 3.4058097619214855 }, { "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": 1.3032048797912021 }, { "id": "matrixdock-gold", "symbol": "XAUM", "name": "Matrixdock Gold", "metal": "gold", "market_cap_usd": 69733270.16129887, "price_usd": 4100.440969405347, "volume_24h_usd": 564680.7183090902, "missing": false, "point_utc": "2026-10-20T14:00:00.000Z", "weight_pct": 1.127971005870203 }, { "id": "goldfish-gold", "symbol": "GGBR", "name": "Goldfish Gold", "metal": "gold", "market_cap_usd": 83942044.66872235, "price_usd": 4.118273739183433, "volume_24h_usd": 133829.4485582806, "missing": false, "point_utc": "2026-10-20T14:00:00.000Z", "weight_pct": 1.357805138648565 }, { "id": "streamex-gldy", "symbol": "GLDY", "name": "Streamex GLDY", "metal": "gold", "market_cap_usd": 12689532.441105962, "price_usd": 4123.02, "volume_24h_usd": 0, "missing": false, "point_utc": "2026-10-20T14:00:00.000Z", "weight_pct": 0.20525962196393083 }, { "id": "uranium", "symbol": "XU3O8", "name": "Uranium³O₈", "metal": "uranium", "market_cap_usd": 9010524.90880068, "price_usd": 5.631578068000425, "volume_24h_usd": 592207.2105999535, "missing": false, "point_utc": "2026-10-20T14:00:00.000Z", "weight_pct": 0.14574980954269234 }, { "id": "gold-token-sa-dgld-tokenized-gold", "symbol": "DGLD", "name": "Gold Token SA DGLD", "metal": "gold", "market_cap_usd": 9957736.543061562, "price_usd": 4128.491842949625, "volume_24h_usd": 4559.962083425487, "missing": false, "point_utc": "2026-10-20T14:00:00.000Z", "weight_pct": 0.16107143804796456 }, { "id": "vnx-gold", "symbol": "VNXAU", "name": "VNX Gold", "metal": "gold", "market_cap_usd": 5839957.687339482, "price_usd": 132.7263110758973, "volume_24h_usd": 3448.0605865268003, "missing": false, "point_utc": "2026-10-20T14:00:00.000Z", "weight_pct": 0.0944642769741152 }, { "id": "comtech-gold", "symbol": "CGO", "name": "Comtech Gold", "metal": "gold", "market_cap_usd": 3175212.935211804, "price_usd": 132.3005389671585, "volume_24h_usd": 840355.8175957164, "missing": false, "point_utc": "2026-10-20T14:00:00.000Z", "weight_pct": 0.051360679344286 }, { "id": "matrixdock-silver", "symbol": "XAGM", "name": "Matrixdock Silver", "metal": "silver", "market_cap_usd": 4351306.32058662, "price_usd": 59.56067387562196, "volume_24h_usd": 21814.21013433305, "missing": false, "point_utc": "2026-10-20T14:00:00.000Z", "weight_pct": 0.07038458623736571 }, { "id": "gold-dao", "symbol": "GOLDAO", "name": "Gold DAO", "metal": "gold", "market_cap_usd": 4468091.35224879, "price_usd": 0.006587057345692435, "volume_24h_usd": 173.70955359447726, "missing": false, "point_utc": "2026-10-20T14:00:00.000Z", "weight_pct": 0.07227364334496812 }, { "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": 767876.2904077192, "price_usd": 1.291851094225638, "volume_24h_usd": 883.3097089135211, "missing": false, "point_utc": "2026-10-20T14:00:00.000Z", "weight_pct": 0.012420788379372084 }, { "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": 0.003145837474337074 }, { "id": "tenbin-gold", "symbol": "TGLD", "name": "Tenbin Gold", "metal": "gold", "market_cap_usd": 579173.9221348499, "price_usd": 4144.007017888152, "volume_24h_usd": 10.03216249839289, "missing": false, "point_utc": "2026-10-20T14:00:00.000Z", "weight_pct": 0.00936843188356318 }, { "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": 117.97, "gmri_ew": 106.23, "base_total_mcap": 5240685620.611613, "today_total_mcap": 6182186403.585906, "active_constituents": 17, "universe_size": 21, "family": { "live": { "TS-GMRI-EW": { "code": "TS-GMRI-EW", "name": "TS-GMRI Equal-Weighted", "n": 17, "value": 106.23, "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": 145.36, "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": 119.64, "notes": "Subset: tokens backed by physical gold." }, "TS-GMRI-PRE": { "code": "TS-GMRI-PRE", "name": "TS-GMRI Precious", "n": 16, "value": 117.99, "notes": "Subset: gold + silver + platinum + palladium." }, "TS-GMRI-AG": { "code": "TS-GMRI-AG", "name": "TS-GMRI Silver", "n": 2, "value": 85.3, "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": 3335325193.1279216, "base_price": 4183.561630896118, "today_price": 4122.802636066845, "return_pct": 30.093766814812483 }, { "symbol": "PAXG", "metal": "gold", "base_mcap": 1905168472.2898455, "today_mcap": 1823193602.5642593, "base_price": 4192.532749581879, "today_price": 4126.655134937599, "return_pct": -4.302762244803448 }, { "symbol": "KAU", "metal": "gold", "base_mcap": 306597540.25711286, "today_mcap": 527838336.20335907, "base_price": 128.4862810930633, "today_price": 132.53340534780952, "return_pct": 72.1600035540773 }, { "symbol": "KAG", "metal": "silver", "base_mcap": 247497505.33844045, "today_mcap": 210553508.03351158, "base_price": 66.49648339812154, "today_price": 57.31311480403115, "return_pct": -14.92701805394353 }, { "symbol": "GGBR", "metal": "gold", "base_mcap": 24655347.962438818, "today_mcap": 83942044.66872235, "base_price": 4.195308142410139, "today_price": 4.118273739183433, "return_pct": 240.4618129770621 }, { "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": 69733270.16129887, "base_price": 4149.36353844632, "today_price": 4100.440969405347, "return_pct": 7.5643688766177775 }, { "symbol": "GLDY", "metal": "gold", "base_mcap": 12937920.44690255, "today_mcap": 12689532.441105962, "base_price": 4203.725, "today_price": 4123.02, "return_pct": -1.9198448994641626 }, { "symbol": "DGLD", "metal": "gold", "base_mcap": 6689874.9709470635, "today_mcap": 9957736.543061562, "base_price": 4171.559020523995, "today_price": 4128.491842949625, "return_pct": 48.84787213970725 }, { "symbol": "XU3O8", "metal": "uranium", "base_mcap": 8625631.128640588, "today_mcap": 9010524.90880068, "base_price": 5.391019455400367, "today_price": 5.631578068000425, "return_pct": 4.462210062311711 }, { "symbol": "VNXAU", "metal": "gold", "base_mcap": 5948441.188025775, "today_mcap": 5839957.687339482, "base_price": 134.88528771033504, "today_price": 132.7263110758973, "return_pct": -1.823729902628457 }, { "symbol": "GOLDAO", "metal": "gold", "base_mcap": 2061583.0358431968, "today_mcap": 4468091.35224879, "base_price": 0.0030392766417300637, "today_price": 0.006587057345692435, "return_pct": 116.73108841921179 }, { "symbol": "XAGM", "metal": "silver", "base_mcap": 4430060.58209477, "today_mcap": 4351306.32058662, "base_price": 67.13630422341475, "today_price": 59.56067387562196, "return_pct": -1.7777242556559103 }, { "symbol": "CGO", "metal": "gold", "base_mcap": 5256788.688271815, "today_mcap": 3175212.935211804, "base_price": 134.78945354543114, "today_price": 132.3005389671585, "return_pct": -39.59785862620122 }, { "symbol": "GLDT", "metal": "gold", "base_mcap": 698879.6078783438, "today_mcap": 767876.2904077192, "base_price": 1.1757732299433779, "today_price": 1.291851094225638, "return_pct": 9.872470415732316 }, { "symbol": "TGLD", "metal": "gold", "base_mcap": 74837.59942596829, "today_mcap": 579173.9221348499, "base_price": 3791.0328342676444, "today_price": 4144.007017888152, "return_pct": 673.9076701782598 }, { "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": "2026-10-20", "fetched_at": "2026-10-20T14:00:00.000Z", "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 } }