{ "snapshot": { "date": "2026-11-01", "fetched_at": "2026-11-01T15:00:00.000Z", "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": 5662354724.122101, "constituents_count": 21, "missing_count": 4, "constituents": [ { "id": "tether-gold", "symbol": "XAUT", "name": "Tether Gold", "metal": "gold", "market_cap_usd": 3133662457.5307155, "price_usd": 3873.5268953895475, "volume_24h_usd": 137703414.18309468, "missing": false, "point_utc": "2026-11-01T15:00:00.000Z", "weight_pct": 55.342037194897976 }, { "id": "pax-gold", "symbol": "PAXG", "name": "PAX Gold", "metal": "gold", "market_cap_usd": 1737903809.3810124, "price_usd": 3895.6741480695964, "volume_24h_usd": 48991986.095955454, "missing": false, "point_utc": "2026-11-01T15:00:00.000Z", "weight_pct": 30.69224543593848 }, { "id": "kinesis-gold", "symbol": "KAU", "name": "Kinesis Gold", "metal": "gold", "market_cap_usd": 336633838.328147, "price_usd": 122.8980833229398, "volume_24h_usd": 16909.95073023034, "missing": false, "point_utc": "2026-11-01T15:00:00.000Z", "weight_pct": 5.945120974036807 }, { "id": "kinesis-silver", "symbol": "KAG", "name": "Kinesis Silver", "metal": "silver", "market_cap_usd": 183454984.47664115, "price_usd": 49.95859692581796, "volume_24h_usd": 3946.8011520337614, "missing": false, "point_utc": "2026-11-01T15:00:00.000Z", "weight_pct": 3.2399062477507408 }, { "id": "pleasing-gold", "symbol": "PGOLD", "name": "Pleasing Gold", "metal": "gold", "market_cap_usd": 76439893.62501387, "price_usd": 3918.9795412297262, "volume_24h_usd": 1.0397547133503426, "missing": false, "point_utc": "2026-11-01T13:00:00.000Z", "stale": true, "weight_pct": 1.3499665306974427 }, { "id": "matrixdock-gold", "symbol": "XAUM", "name": "Matrixdock Gold", "metal": "gold", "market_cap_usd": 67249827.78913382, "price_usd": 3873.857289053611, "volume_24h_usd": 500740.2102728632, "missing": false, "point_utc": "2026-11-01T15:00:00.000Z", "weight_pct": 1.1876653983305563 }, { "id": "goldfish-gold", "symbol": "GGBR", "name": "Goldfish Gold", "metal": "gold", "market_cap_usd": 78900016.59800729, "price_usd": 3.8708882243852534, "volume_24h_usd": 108545.02416448196, "missing": false, "point_utc": "2026-11-01T15:00:00.000Z", "weight_pct": 1.3934135256819338 }, { "id": "streamex-gldy", "symbol": "GLDY", "name": "Streamex GLDY", "metal": "gold", "market_cap_usd": 11927494.782160155, "price_usd": 3875.4225, "volume_24h_usd": 0, "missing": false, "point_utc": "2026-11-01T15:00:00.000Z", "weight_pct": 0.21064548872835603 }, { "id": "uranium", "symbol": "XU3O8", "name": "Uranium³O₈", "metal": "uranium", "market_cap_usd": 9247212.077852199, "price_usd": 5.779507548657625, "volume_24h_usd": 575790.0549392996, "missing": false, "point_utc": "2026-11-01T15:00:00.000Z", "weight_pct": 0.16331036341574132 }, { "id": "gold-token-sa-dgld-tokenized-gold", "symbol": "DGLD", "name": "Gold Token SA DGLD", "metal": "gold", "market_cap_usd": 9367557.753623422, "price_usd": 3883.8028709587957, "volume_24h_usd": 3278.832524844891, "missing": false, "point_utc": "2026-11-01T15:00:00.000Z", "weight_pct": 0.16543572789102823 }, { "id": "vnx-gold", "symbol": "VNXAU", "name": "VNX Gold", "metal": "gold", "market_cap_usd": 5583915.2588779945, "price_usd": 126.90716497449988, "volume_24h_usd": 1184.4185043369725, "missing": false, "point_utc": "2026-11-01T15:00:00.000Z", "weight_pct": 0.09861472004023435 }, { "id": "comtech-gold", "symbol": "CGO", "name": "Comtech Gold", "metal": "gold", "market_cap_usd": 2979996.74976675, "price_usd": 124.16653124028124, "volume_24h_usd": 799346.1150025935, "missing": false, "point_utc": "2026-11-01T15:00:00.000Z", "weight_pct": 0.05262822438643267 }, { "id": "matrixdock-silver", "symbol": "XAGM", "name": "Matrixdock Silver", "metal": "silver", "market_cap_usd": 3759672.2266676263, "price_usd": 51.45730259288966, "volume_24h_usd": 421.1769337147972, "missing": false, "point_utc": "2026-11-01T15:00:00.000Z", "weight_pct": 0.06639768099746755 }, { "id": "gold-dao", "symbol": "GOLDAO", "name": "Gold DAO", "metal": "gold", "market_cap_usd": 3783653.185703605, "price_usd": 0.005578028412041688, "volume_24h_usd": 349.4018099985206, "missing": false, "point_utc": "2026-11-01T15:00:00.000Z", "weight_pct": 0.06682119665843132 }, { "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": 753221.1106759352, "price_usd": 1.2693313744675978, "volume_24h_usd": 998.2230192462968, "missing": false, "point_utc": "2026-11-01T15:00:00.000Z", "weight_pct": 0.013302259349227111 }, { "id": "gold-fgld-finest-tokenized-gold", "symbol": "FGLD", "name": "fGLD", "metal": "gold", "market_cap_usd": 167147.0109679795, "price_usd": 108.39624576392963, "volume_24h_usd": 1083.9624576392962, "missing": false, "point_utc": "2026-10-29T20:00:00.000Z", "stale": true, "weight_pct": 0.0029518993265455337 }, { "id": "tenbin-gold", "symbol": "TGLD", "name": "Tenbin Gold", "metal": "gold", "market_cap_usd": 540026.2371354883, "price_usd": 3916.8034720726887, "volume_24h_usd": 15.196893625612686, "missing": false, "point_utc": "2026-10-31T21:00:00.000Z", "stale": true, "weight_pct": 0.009537131872627684 }, { "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": 108.05, "gmri_ew": 98.39, "base_total_mcap": 5240685620.611613, "today_total_mcap": 5662354724.122101, "active_constituents": 17, "universe_size": 21, "family": { "live": { "TS-GMRI-EW": { "code": "TS-GMRI-EW", "name": "TS-GMRI Equal-Weighted", "n": 17, "value": 98.39, "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": 128.65, "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": 109.75, "notes": "Subset: tokens backed by physical gold." }, "TS-GMRI-PRE": { "code": "TS-GMRI-PRE", "name": "TS-GMRI Precious", "n": 16, "value": 108.05, "notes": "Subset: gold + silver + platinum + palladium." }, "TS-GMRI-AG": { "code": "TS-GMRI-AG", "name": "TS-GMRI Silver", "n": 2, "value": 74.31, "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": 3133662457.5307155, "base_price": 4183.561630896118, "today_price": 3873.5268953895475, "return_pct": 22.227947627503664 }, { "symbol": "PAXG", "metal": "gold", "base_mcap": 1905168472.2898455, "today_mcap": 1737903809.3810124, "base_price": 4192.532749581879, "today_price": 3895.6741480695964, "return_pct": -8.779520831971121 }, { "symbol": "KAU", "metal": "gold", "base_mcap": 306597540.25711286, "today_mcap": 336633838.328147, "base_price": 128.4862810930633, "today_price": 122.8980833229398, "return_pct": 9.796653308387814 }, { "symbol": "KAG", "metal": "silver", "base_mcap": 247497505.33844045, "today_mcap": 183454984.47664115, "base_price": 66.49648339812154, "today_price": 49.95859692581796, "return_pct": -25.87602682064385 }, { "symbol": "GGBR", "metal": "gold", "base_mcap": 24655347.962438818, "today_mcap": 78900016.59800729, "base_price": 4.195308142410139, "today_price": 3.8708882243852534, "return_pct": 220.01177480118105 }, { "symbol": "PGOLD", "metal": "gold", "base_mcap": 81234682.94380227, "today_mcap": 76439893.62501387, "base_price": 4164.802505571079, "today_price": 3918.9795412297262, "return_pct": -5.902391866421642 }, { "symbol": "XAUM", "metal": "gold", "base_mcap": 64829339.761465766, "today_mcap": 67249827.78913382, "base_price": 4149.36353844632, "today_price": 3873.857289053611, "return_pct": 3.7336305391571845 }, { "symbol": "GLDY", "metal": "gold", "base_mcap": 12937920.44690255, "today_mcap": 11927494.782160155, "base_price": 4203.725, "today_price": 3875.4225, "return_pct": -7.809799641984194 }, { "symbol": "DGLD", "metal": "gold", "base_mcap": 6689874.9709470635, "today_mcap": 9367557.753623422, "base_price": 4171.559020523995, "today_price": 3883.8028709587957, "return_pct": 40.02590174412912 }, { "symbol": "XU3O8", "metal": "uranium", "base_mcap": 8625631.128640588, "today_mcap": 9247212.077852199, "base_price": 5.391019455400367, "today_price": 5.779507548657625, "return_pct": 7.2062083335294735 }, { "symbol": "VNXAU", "metal": "gold", "base_mcap": 5948441.188025775, "today_mcap": 5583915.2588779945, "base_price": 134.88528771033504, "today_price": 126.90716497449988, "return_pct": -6.12809167352234 }, { "symbol": "GOLDAO", "metal": "gold", "base_mcap": 2061583.0358431968, "today_mcap": 3783653.185703605, "base_price": 0.0030392766417300637, "today_price": 0.005578028412041688, "return_pct": 83.53144743238894 }, { "symbol": "XAGM", "metal": "silver", "base_mcap": 4430060.58209477, "today_mcap": 3759672.2266676263, "base_price": 67.13630422341475, "today_price": 51.45730259288966, "return_pct": -15.132713040916201 }, { "symbol": "CGO", "metal": "gold", "base_mcap": 5256788.688271815, "today_mcap": 2979996.74976675, "base_price": 134.78945354543114, "today_price": 124.16653124028124, "return_pct": -43.311460161689844 }, { "symbol": "GLDT", "metal": "gold", "base_mcap": 698879.6078783438, "today_mcap": 753221.1106759352, "base_price": 1.1757732299433779, "today_price": 1.2693313744675978, "return_pct": 7.775517011085942 }, { "symbol": "TGLD", "metal": "gold", "base_mcap": 74837.59942596829, "today_mcap": 540026.2371354883, "base_price": 3791.0328342676444, "today_price": 3916.8034720726887, "return_pct": 621.5974874631024 }, { "symbol": "FGLD", "metal": "gold", "base_mcap": 193166.28705668196, "today_mcap": 167147.0109679795, "base_price": 125.26996566581191, "today_price": 108.39624576392963, "return_pct": -13.469884670438104 } ], "date": "2026-11-01", "fetched_at": "2026-11-01T15:00:00.000Z", "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 } }