{ "snapshot": { "date": "2026-10-24", "fetched_at": "2026-10-24T14:00:00.000Z", "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": 5822709545.27458, "constituents_count": 21, "missing_count": 4, "constituents": [ { "id": "tether-gold", "symbol": "XAUT", "name": "Tether Gold", "metal": "gold", "market_cap_usd": 3228945851.677034, "price_usd": 3991.3069035786234, "volume_24h_usd": 207235345.04461214, "missing": false, "point_utc": "2026-10-24T14:00:00.000Z", "weight_pct": 55.45435207733288 }, { "id": "pax-gold", "symbol": "PAXG", "name": "PAX Gold", "metal": "gold", "market_cap_usd": 1776761372.8905761, "price_usd": 4000.8660493518414, "volume_24h_usd": 101290994.4238976, "missing": false, "point_utc": "2026-10-24T14:00:00.000Z", "weight_pct": 30.514339742955354 }, { "id": "kinesis-gold", "symbol": "KAU", "name": "Kinesis Gold", "metal": "gold", "market_cap_usd": 343349164.62986404, "price_usd": 125.37259616868147, "volume_24h_usd": 233593.0480626613, "missing": false, "point_utc": "2026-10-24T14:00:00.000Z", "weight_pct": 5.896724917500119 }, { "id": "kinesis-silver", "symbol": "KAG", "name": "Kinesis Silver", "metal": "silver", "market_cap_usd": 196490323.93197307, "price_usd": 53.508390197981996, "volume_24h_usd": 104976.23657990425, "missing": false, "point_utc": "2026-10-24T14:00:00.000Z", "weight_pct": 3.374551356274242 }, { "id": "pleasing-gold", "symbol": "PGOLD", "name": "Pleasing Gold", "metal": "gold", "market_cap_usd": 78807796.1660387, "price_usd": 4040.378998683518, "volume_24h_usd": 4.783050581564456, "missing": false, "point_utc": "2026-10-24T14:00:00.000Z", "weight_pct": 1.353455733164557 }, { "id": "matrixdock-gold", "symbol": "XAUM", "name": "Matrixdock Gold", "metal": "gold", "market_cap_usd": 67941320.10990562, "price_usd": 3995.0711023553017, "volume_24h_usd": 438192.2209198325, "missing": false, "point_utc": "2026-10-24T14:00:00.000Z", "weight_pct": 1.166833406022174 }, { "id": "goldfish-gold", "symbol": "GGBR", "name": "Goldfish Gold", "metal": "gold", "market_cap_usd": 81203573.77284303, "price_usd": 3.9839218441286284, "volume_24h_usd": 104406.58938326259, "missing": false, "point_utc": "2026-10-24T14:00:00.000Z", "weight_pct": 1.3946011412975905 }, { "id": "streamex-gldy", "symbol": "GLDY", "name": "Streamex GLDY", "metal": "gold", "market_cap_usd": 12327511.654663611, "price_usd": 4005.394, "volume_24h_usd": 0, "missing": false, "point_utc": "2026-10-24T14:00:00.000Z", "weight_pct": 0.21171434980245585 }, { "id": "uranium", "symbol": "XU3O8", "name": "Uranium³O₈", "metal": "uranium", "market_cap_usd": 9047517.774997743, "price_usd": 5.654698609373589, "volume_24h_usd": 594243.1394577839, "missing": false, "point_utc": "2026-10-24T14:00:00.000Z", "weight_pct": 0.15538329199917342 }, { "id": "gold-token-sa-dgld-tokenized-gold", "symbol": "DGLD", "name": "Gold Token SA DGLD", "metal": "gold", "market_cap_usd": 9647023.766746357, "price_usd": 3999.6698805518167, "volume_24h_usd": 4675.559649556123, "missing": false, "point_utc": "2026-10-24T14:00:00.000Z", "weight_pct": 0.1656792888557424 }, { "id": "vnx-gold", "symbol": "VNXAU", "name": "VNX Gold", "metal": "gold", "market_cap_usd": 5665057.322509258, "price_usd": 128.75130278430132, "volume_24h_usd": 17043.66397433616, "missing": false, "point_utc": "2026-10-24T14:00:00.000Z", "weight_pct": 0.09729245943766394 }, { "id": "comtech-gold", "symbol": "CGO", "name": "Comtech Gold", "metal": "gold", "market_cap_usd": 3066697.6533216555, "price_usd": 127.7790688884023, "volume_24h_usd": 839779.8635400014, "missing": false, "point_utc": "2026-10-24T14:00:00.000Z", "weight_pct": 0.05266787960959574 }, { "id": "matrixdock-silver", "symbol": "XAGM", "name": "Matrixdock Silver", "metal": "silver", "market_cap_usd": 4111643.6836182796, "price_usd": 56.27831847456653, "volume_24h_usd": 87347.18925853896, "missing": false, "point_utc": "2026-10-24T14:00:00.000Z", "weight_pct": 0.070613923838174 }, { "id": "gold-dao", "symbol": "GOLDAO", "name": "Gold DAO", "metal": "gold", "market_cap_usd": 3815651.282200695, "price_usd": 0.005625201417238471, "volume_24h_usd": 81.97464586159892, "missing": false, "point_utc": "2026-10-24T14:00:00.000Z", "weight_pct": 0.06553051036690104 }, { "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": 765440.0008533709, "price_usd": 1.2899226994365365, "volume_24h_usd": 3348.7012798047217, "missing": false, "point_utc": "2026-10-24T14:00:00.000Z", "weight_pct": 0.01314576993582934 }, { "id": "gold-fgld-finest-tokenized-gold", "symbol": "FGLD", "name": "fGLD", "metal": "gold", "market_cap_usd": 194323.87937223748, "price_usd": 126.02067404165855, "volume_24h_usd": 251.98769888268356, "missing": false, "point_utc": "2026-10-23T01:00:00.000Z", "stale": true, "weight_pct": 0.0033373445448595497 }, { "id": "tenbin-gold", "symbol": "TGLD", "name": "Tenbin Gold", "metal": "gold", "market_cap_usd": 569275.0780621729, "price_usd": 4073.1804876553156, "volume_24h_usd": 25.24900746969019, "missing": false, "point_utc": "2026-10-23T03:00:00.000Z", "stale": true, "weight_pct": 0.009776807062687303 }, { "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": 111.11, "gmri_ew": 101.77, "base_total_mcap": 5240685620.611613, "today_total_mcap": 5822709545.27458, "active_constituents": 17, "universe_size": 21, "family": { "live": { "TS-GMRI-EW": { "code": "TS-GMRI-EW", "name": "TS-GMRI Equal-Weighted", "n": 17, "value": 101.77, "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": 132.23, "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": 112.71, "notes": "Subset: tokens backed by physical gold." }, "TS-GMRI-PRE": { "code": "TS-GMRI-PRE", "name": "TS-GMRI Precious", "n": 16, "value": 111.12, "notes": "Subset: gold + silver + platinum + palladium." }, "TS-GMRI-AG": { "code": "TS-GMRI-AG", "name": "TS-GMRI Silver", "n": 2, "value": 79.63, "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": 3228945851.677034, "base_price": 4183.561630896118, "today_price": 3991.3069035786234, "return_pct": 25.944459494153183 }, { "symbol": "PAXG", "metal": "gold", "base_mcap": 1905168472.2898455, "today_mcap": 1776761372.8905761, "base_price": 4192.532749581879, "today_price": 4000.8660493518414, "return_pct": -6.739934093331668 }, { "symbol": "KAU", "metal": "gold", "base_mcap": 306597540.25711286, "today_mcap": 343349164.62986404, "base_price": 128.4862810930633, "today_price": 125.37259616868147, "return_pct": 11.986927338663978 }, { "symbol": "KAG", "metal": "silver", "base_mcap": 247497505.33844045, "today_mcap": 196490323.93197307, "base_price": 66.49648339812154, "today_price": 53.508390197981996, "return_pct": -20.609169913336146 }, { "symbol": "GGBR", "metal": "gold", "base_mcap": 24655347.962438818, "today_mcap": 81203573.77284303, "base_price": 4.195308142410139, "today_price": 3.9839218441286284, "return_pct": 229.35480730814507 }, { "symbol": "PGOLD", "metal": "gold", "base_mcap": 81234682.94380227, "today_mcap": 78807796.1660387, "base_price": 4164.802505571079, "today_price": 4040.378998683518, "return_pct": -2.987500769151108 }, { "symbol": "XAUM", "metal": "gold", "base_mcap": 64829339.761465766, "today_mcap": 67941320.10990562, "base_price": 4149.36353844632, "today_price": 3995.0711023553017, "return_pct": 4.800265373502377 }, { "symbol": "GLDY", "metal": "gold", "base_mcap": 12937920.44690255, "today_mcap": 12327511.654663611, "base_price": 4203.725, "today_price": 4005.394, "return_pct": -4.717982265728626 }, { "symbol": "DGLD", "metal": "gold", "base_mcap": 6689874.9709470635, "today_mcap": 9647023.766746357, "base_price": 4171.559020523995, "today_price": 3999.6698805518167, "return_pct": 44.20334922015232 }, { "symbol": "XU3O8", "metal": "uranium", "base_mcap": 8625631.128640588, "today_mcap": 9047517.774997743, "base_price": 5.391019455400367, "today_price": 5.654698609373589, "return_pct": 4.891081476418813 }, { "symbol": "VNXAU", "metal": "gold", "base_mcap": 5948441.188025775, "today_mcap": 5665057.322509258, "base_price": 134.88528771033504, "today_price": 128.75130278430132, "return_pct": -4.764002140375356 }, { "symbol": "XAGM", "metal": "silver", "base_mcap": 4430060.58209477, "today_mcap": 4111643.6836182796, "base_price": 67.13630422341475, "today_price": 56.27831847456653, "return_pct": -7.187642077931267 }, { "symbol": "GOLDAO", "metal": "gold", "base_mcap": 2061583.0358431968, "today_mcap": 3815651.282200695, "base_price": 0.0030392766417300637, "today_price": 0.005625201417238471, "return_pct": 85.08356034468805 }, { "symbol": "CGO", "metal": "gold", "base_mcap": 5256788.688271815, "today_mcap": 3066697.6533216555, "base_price": 134.78945354543114, "today_price": 127.7790688884023, "return_pct": -41.662147079192536 }, { "symbol": "GLDT", "metal": "gold", "base_mcap": 698879.6078783438, "today_mcap": 765440.0008533709, "base_price": 1.1757732299433779, "today_price": 1.2899226994365365, "return_pct": 9.523871096638636 }, { "symbol": "TGLD", "metal": "gold", "base_mcap": 74837.59942596829, "today_mcap": 569275.0780621729, "base_price": 3791.0328342676444, "today_price": 4073.1804876553156, "return_pct": 660.6805702330387 }, { "symbol": "FGLD", "metal": "gold", "base_mcap": 193166.28705668196, "today_mcap": 194323.87937223748, "base_price": 125.26996566581191, "today_price": 126.02067404165855, "return_pct": 0.5992724368180546 } ], "date": "2026-10-24", "fetched_at": "2026-10-24T14:00:00.000Z", "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 } }