{ "snapshot": { "date": "2026-10-22", "fetched_at": "2026-10-22T14:00:00.000Z", "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": 6093212161.706694, "constituents_count": 21, "missing_count": 4, "constituents": [ { "id": "tether-gold", "symbol": "XAUT", "name": "Tether Gold", "metal": "gold", "market_cap_usd": 3286569506.5822363, "price_usd": 4062.5356271922797, "volume_24h_usd": 277984482.51965946, "missing": false, "point_utc": "2026-10-22T14:00:00.000Z", "weight_pct": 53.93820893414741 }, { "id": "pax-gold", "symbol": "PAXG", "name": "PAX Gold", "metal": "gold", "market_cap_usd": 1797368938.0487113, "price_usd": 4069.467893092909, "volume_24h_usd": 147890061.19493437, "missing": false, "point_utc": "2026-10-22T14:00:00.000Z", "weight_pct": 29.497888639828236 }, { "id": "kinesis-gold", "symbol": "KAU", "name": "Kinesis Gold", "metal": "gold", "market_cap_usd": 522099368.2640821, "price_usd": 131.1187622267834, "volume_24h_usd": 38788.88879146139, "missing": false, "point_utc": "2026-10-22T14:00:00.000Z", "weight_pct": 8.568540769764422 }, { "id": "kinesis-silver", "symbol": "KAG", "name": "Kinesis Silver", "metal": "silver", "market_cap_usd": 204877753.52199742, "price_usd": 55.79246122132919, "volume_24h_usd": 38858.89121839767, "missing": false, "point_utc": "2026-10-22T14:00:00.000Z", "weight_pct": 3.3623932350422483 }, { "id": "pleasing-gold", "symbol": "PGOLD", "name": "Pleasing Gold", "metal": "gold", "market_cap_usd": 80256855.05505611, "price_usd": 4114.670469678422, "volume_24h_usd": 6.296588976931224, "missing": false, "point_utc": "2026-10-22T14:00:00.000Z", "weight_pct": 1.3171518228010686 }, { "id": "matrixdock-gold", "symbol": "XAUM", "name": "Matrixdock Gold", "metal": "gold", "market_cap_usd": 69157956.69517358, "price_usd": 4066.611508929822, "volume_24h_usd": 880821.5579998872, "missing": false, "point_utc": "2026-10-22T14:00:00.000Z", "weight_pct": 1.1349999780050757 }, { "id": "goldfish-gold", "symbol": "GGBR", "name": "Goldfish Gold", "metal": "gold", "market_cap_usd": 82781260.11034517, "price_usd": 4.06132458357875, "volume_24h_usd": 100464.21109347868, "missing": false, "point_utc": "2026-10-22T14:00:00.000Z", "weight_pct": 1.3585816136616904 }, { "id": "streamex-gldy", "symbol": "GLDY", "name": "Streamex GLDY", "metal": "gold", "market_cap_usd": 12523196.65307205, "price_usd": 4068.975, "volume_24h_usd": 0, "missing": false, "point_utc": "2026-10-22T14:00:00.000Z", "weight_pct": 0.20552700809886673 }, { "id": "uranium", "symbol": "XU3O8", "name": "Uranium³O₈", "metal": "uranium", "market_cap_usd": 8957298.63216008, "price_usd": 5.5983116451000505, "volume_24h_usd": 562357.6814487942, "missing": false, "point_utc": "2026-10-22T14:00:00.000Z", "weight_pct": 0.14700454201238847 }, { "id": "gold-token-sa-dgld-tokenized-gold", "symbol": "DGLD", "name": "Gold Token SA DGLD", "metal": "gold", "market_cap_usd": 9802716.47265362, "price_usd": 4064.2202995717666, "volume_24h_usd": 30595.108362608054, "missing": false, "point_utc": "2026-10-22T14:00:00.000Z", "weight_pct": 0.16087929014288424 }, { "id": "vnx-gold", "symbol": "VNXAU", "name": "VNX Gold", "metal": "gold", "market_cap_usd": 5898377.589398185, "price_usd": 134.05403612268603, "volume_24h_usd": 40211.97028812794, "missing": false, "point_utc": "2026-10-22T14:00:00.000Z", "weight_pct": 0.09680243249147037 }, { "id": "comtech-gold", "symbol": "CGO", "name": "Comtech Gold", "metal": "gold", "market_cap_usd": 3132138.147500142, "price_usd": 130.50575614583926, "volume_24h_usd": 859730.1585722755, "missing": false, "point_utc": "2026-10-22T14:00:00.000Z", "weight_pct": 0.05140372703882409 }, { "id": "matrixdock-silver", "symbol": "XAGM", "name": "Matrixdock Silver", "metal": "silver", "market_cap_usd": 4287404.533640595, "price_usd": 58.68501992337435, "volume_24h_usd": 7288.956654290519, "missing": false, "point_utc": "2026-10-22T14:00:00.000Z", "weight_pct": 0.0703636180697129 }, { "id": "gold-dao", "symbol": "GOLDAO", "name": "Gold DAO", "metal": "gold", "market_cap_usd": 3962618.1815541615, "price_usd": 0.005841866502537736, "volume_24h_usd": 367.29758890789833, "missing": false, "point_utc": "2026-10-22T14:00:00.000Z", "weight_pct": 0.06503332029791396 }, { "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": 763117.7603613517, "price_usd": 1.2860092500206886, "volume_24h_usd": 3200.7991019985648, "missing": false, "point_utc": "2026-10-22T14:00:00.000Z", "weight_pct": 0.012524063500647978 }, { "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": 0.003191773590941285 }, { "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", "stale": true, "weight_pct": 0.009505231506211409 }, { "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": 116.27, "gmri_ew": 103.94, "base_total_mcap": 5240685620.611613, "today_total_mcap": 6093212161.706694, "active_constituents": 17, "universe_size": 21, "family": { "live": { "TS-GMRI-EW": { "code": "TS-GMRI-EW", "name": "TS-GMRI Equal-Weighted", "n": 17, "value": 103.94, "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": 143.32, "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": 117.97, "notes": "Subset: tokens backed by physical gold." }, "TS-GMRI-PRE": { "code": "TS-GMRI-PRE", "name": "TS-GMRI Precious", "n": 16, "value": 116.29, "notes": "Subset: gold + silver + platinum + palladium." }, "TS-GMRI-AG": { "code": "TS-GMRI-AG", "name": "TS-GMRI Silver", "n": 2, "value": 83.03, "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": 3286569506.5822363, "base_price": 4183.561630896118, "today_price": 4062.5356271922797, "return_pct": 28.19205991995284 }, { "symbol": "PAXG", "metal": "gold", "base_mcap": 1905168472.2898455, "today_mcap": 1797368938.0487113, "base_price": 4192.532749581879, "today_price": 4069.467893092909, "return_pct": -5.658267801984385 }, { "symbol": "KAU", "metal": "gold", "base_mcap": 306597540.25711286, "today_mcap": 522099368.2640821, "base_price": 128.4862810930633, "today_price": 131.1187622267834, "return_pct": 70.28817903308986 }, { "symbol": "KAG", "metal": "silver", "base_mcap": 247497505.33844045, "today_mcap": 204877753.52199742, "base_price": 66.49648339812154, "today_price": 55.79246122132919, "return_pct": -17.220275314760304 }, { "symbol": "GGBR", "metal": "gold", "base_mcap": 24655347.962438818, "today_mcap": 82781260.11034517, "base_price": 4.195308142410139, "today_price": 4.06132458357875, "return_pct": 235.75376926928087 }, { "symbol": "PGOLD", "metal": "gold", "base_mcap": 81234682.94380227, "today_mcap": 80256855.05505611, "base_price": 4164.802505571079, "today_price": 4114.670469678422, "return_pct": -1.2037073985044167 }, { "symbol": "XAUM", "metal": "gold", "base_mcap": 64829339.761465766, "today_mcap": 69157956.69517358, "base_price": 4149.36353844632, "today_price": 4066.611508929822, "return_pct": 6.676941257823388 }, { "symbol": "GLDY", "metal": "gold", "base_mcap": 12937920.44690255, "today_mcap": 12523196.65307205, "base_price": 4203.725, "today_price": 4068.975, "return_pct": -3.2054903686611347 }, { "symbol": "DGLD", "metal": "gold", "base_mcap": 6689874.9709470635, "today_mcap": 9802716.47265362, "base_price": 4171.559020523995, "today_price": 4064.2202995717666, "return_pct": 46.530637945029966 }, { "symbol": "XU3O8", "metal": "uranium", "base_mcap": 8625631.128640588, "today_mcap": 8957298.63216008, "base_price": 5.391019455400367, "today_price": 5.5983116451000505, "return_pct": 3.845138965173489 }, { "symbol": "VNXAU", "metal": "gold", "base_mcap": 5948441.188025775, "today_mcap": 5898377.589398185, "base_price": 134.88528771033504, "today_price": 134.05403612268603, "return_pct": -0.8416255123841254 }, { "symbol": "XAGM", "metal": "silver", "base_mcap": 4430060.58209477, "today_mcap": 4287404.533640595, "base_price": 67.13630422341475, "today_price": 58.68501992337435, "return_pct": -3.220182790067383 }, { "symbol": "GOLDAO", "metal": "gold", "base_mcap": 2061583.0358431968, "today_mcap": 3962618.1815541615, "base_price": 0.0030392766417300637, "today_price": 0.005841866502537736, "return_pct": 92.21239759248564 }, { "symbol": "CGO", "metal": "gold", "base_mcap": 5256788.688271815, "today_mcap": 3132138.147500142, "base_price": 134.78945354543114, "today_price": 130.50575614583926, "return_pct": -40.41727120422179 }, { "symbol": "GLDT", "metal": "gold", "base_mcap": 698879.6078783438, "today_mcap": 763117.7603613517, "base_price": 1.1757732299433779, "today_price": 1.2860092500206886, "return_pct": 9.191590620024215 }, { "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": "2026-10-22", "fetched_at": "2026-10-22T14:00:00.000Z", "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 } }