{ "snapshot": { "date": "2026-11-03", "fetched_at": "2026-11-03T15:00:00.000Z", "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": "2026-11-04T05:03:28.020Z", "total_market_cap_usd": 5752842229.698049, "constituents_count": 21, "missing_count": 4, "constituents": [ { "id": "tether-gold", "symbol": "XAUT", "name": "Tether Gold", "metal": "gold", "market_cap_usd": 3181055323.4040413, "price_usd": 3932.10931870344, "volume_24h_usd": 188004595.14737198, "missing": false, "point_utc": "2026-11-03T15:00:00.000Z", "weight_pct": 55.29536873064927 }, { "id": "pax-gold", "symbol": "PAXG", "name": "PAX Gold", "metal": "gold", "market_cap_usd": 1764824068.5233543, "price_usd": 3945.4751461804763, "volume_24h_usd": 98444410.82466169, "missing": false, "point_utc": "2026-11-03T15:00:00.000Z", "weight_pct": 30.677428618027392 }, { "id": "kinesis-gold", "symbol": "KAU", "name": "Kinesis Gold", "metal": "gold", "market_cap_usd": 348786993.2815363, "price_usd": 127.33494997162855, "volume_24h_usd": 205287.38951569615, "missing": false, "point_utc": "2026-11-03T15:00:00.000Z", "weight_pct": 6.0628638741557 }, { "id": "kinesis-silver", "symbol": "KAG", "name": "Kinesis Silver", "metal": "silver", "market_cap_usd": 183919277.39105058, "price_usd": 50.085033515331546, "volume_24h_usd": 517888.67443992186, "missing": false, "point_utc": "2026-11-03T15:00:00.000Z", "weight_pct": 3.1970158409976768 }, { "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": 1.3287326607082357 }, { "id": "matrixdock-gold", "symbol": "XAUM", "name": "Matrixdock Gold", "metal": "gold", "market_cap_usd": 68488574.75354609, "price_usd": 3945.214036202886, "volume_24h_usd": 399791.51113148365, "missing": false, "point_utc": "2026-11-03T15:00:00.000Z", "weight_pct": 1.1905171742757992 }, { "id": "goldfish-gold", "symbol": "GGBR", "name": "Goldfish Gold", "metal": "gold", "market_cap_usd": 80556873.34037119, "price_usd": 3.9521747377479346, "volume_24h_usd": 116458.15298552893, "missing": false, "point_utc": "2026-11-03T15:00:00.000Z", "weight_pct": 1.400296933653253 }, { "id": "streamex-gldy", "symbol": "GLDY", "name": "Streamex GLDY", "metal": "gold", "market_cap_usd": 12173766.85023312, "price_usd": 3955.44, "volume_24h_usd": 0, "missing": false, "point_utc": "2026-11-03T15:00:00.000Z", "weight_pct": 0.21161308383164348 }, { "id": "uranium", "symbol": "XU3O8", "name": "Uranium³O₈", "metal": "uranium", "market_cap_usd": 9239350.829415513, "price_usd": 5.774594268384695, "volume_24h_usd": 615921.3541940028, "missing": false, "point_utc": "2026-11-03T15:00:00.000Z", "weight_pct": 0.16060497508029978 }, { "id": "gold-token-sa-dgld-tokenized-gold", "symbol": "DGLD", "name": "Gold Token SA DGLD", "metal": "gold", "market_cap_usd": 9504108.127551094, "price_usd": 3940.4168517037397, "volume_24h_usd": 7803.912493394109, "missing": false, "point_utc": "2026-11-03T15:00:00.000Z", "weight_pct": 0.16520717495932336 }, { "id": "vnx-gold", "symbol": "VNXAU", "name": "VNX Gold", "metal": "gold", "market_cap_usd": 5622443.081102656, "price_usd": 127.78279729778764, "volume_24h_usd": 9875.402040785819, "missing": false, "point_utc": "2026-11-03T15:00:00.000Z", "weight_pct": 0.09773330914722067 }, { "id": "comtech-gold", "symbol": "CGO", "name": "Comtech Gold", "metal": "gold", "market_cap_usd": 3043642.802971495, "price_usd": 126.81845012381228, "volume_24h_usd": 834410.838395598, "missing": false, "point_utc": "2026-11-03T15:00:00.000Z", "weight_pct": 0.05290676645466162 }, { "id": "matrixdock-silver", "symbol": "XAGM", "name": "Matrixdock Silver", "metal": "silver", "market_cap_usd": 3791413.9693487957, "price_usd": 51.89088598835947, "volume_24h_usd": 12266.647781843867, "missing": false, "point_utc": "2026-11-03T15:00:00.000Z", "weight_pct": 0.06590505732586024 }, { "id": "gold-dao", "symbol": "GOLDAO", "name": "Gold DAO", "metal": "gold", "market_cap_usd": 3936668.911425792, "price_usd": 0.005803610943969444, "volume_24h_usd": 92.68055145145246, "missing": false, "point_utc": "2026-11-03T15:00:00.000Z", "weight_pct": 0.06842998215913906 }, { "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": 750827.1588778782, "price_usd": 1.2633809275045784, "volume_24h_usd": 4382.051218271643, "missing": false, "point_utc": "2026-11-03T15:00:00.000Z", "weight_pct": 0.013051412308890786 }, { "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": 0.0029054683631877143 }, { "id": "tenbin-gold", "symbol": "TGLD", "name": "Tenbin Gold", "metal": "gold", "market_cap_usd": 541856.6372402016, "price_usd": 3930.0793408961226, "volume_24h_usd": 19.57050370145143, "missing": false, "point_utc": "2026-11-03T15:00:00.000Z", "weight_pct": 0.009418937902433007 }, { "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": 109.77, "gmri_ew": 99.78, "base_total_mcap": 5240685620.611613, "today_total_mcap": 5752842229.698049, "active_constituents": 17, "universe_size": 21, "family": { "live": { "TS-GMRI-EW": { "code": "TS-GMRI-EW", "name": "TS-GMRI Equal-Weighted", "n": 17, "value": 99.78, "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": 131.2, "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": 111.56, "notes": "Subset: tokens backed by physical gold." }, "TS-GMRI-PRE": { "code": "TS-GMRI-PRE", "name": "TS-GMRI Precious", "n": 16, "value": 109.78, "notes": "Subset: gold + silver + platinum + palladium." }, "TS-GMRI-AG": { "code": "TS-GMRI-AG", "name": "TS-GMRI Silver", "n": 2, "value": 74.51, "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": 3181055323.4040413, "base_price": 4183.561630896118, "today_price": 3932.10931870344, "return_pct": 24.07649794407054 }, { "symbol": "PAXG", "metal": "gold", "base_mcap": 1905168472.2898455, "today_mcap": 1764824068.5233543, "base_price": 4192.532749581879, "today_price": 3945.4751461804763, "return_pct": -7.366508831516061 }, { "symbol": "KAU", "metal": "gold", "base_mcap": 306597540.25711286, "today_mcap": 348786993.2815363, "base_price": 128.4862810930633, "today_price": 127.33494997162855, "return_pct": 13.760532125940506 }, { "symbol": "KAG", "metal": "silver", "base_mcap": 247497505.33844045, "today_mcap": 183919277.39105058, "base_price": 66.49648339812154, "today_price": 50.085033515331546, "return_pct": -25.688431833060232 }, { "symbol": "GGBR", "metal": "gold", "base_mcap": 24655347.962438818, "today_mcap": 80556873.34037119, "base_price": 4.195308142410139, "today_price": 3.9521747377479346, "return_pct": 226.7318452089808 }, { "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": 68488574.75354609, "base_price": 4149.36353844632, "today_price": 3945.214036202886, "return_pct": 5.644411936854787 }, { "symbol": "GLDY", "metal": "gold", "base_mcap": 12937920.44690255, "today_mcap": 12173766.85023312, "base_price": 4203.725, "today_price": 3955.44, "return_pct": -5.906309285217281 }, { "symbol": "DGLD", "metal": "gold", "base_mcap": 6689874.9709470635, "today_mcap": 9504108.127551094, "base_price": 4171.559020523995, "today_price": 3940.4168517037397, "return_pct": 42.06705160897242 }, { "symbol": "XU3O8", "metal": "uranium", "base_mcap": 8625631.128640588, "today_mcap": 9239350.829415513, "base_price": 5.391019455400367, "today_price": 5.774594268384695, "return_pct": 7.115070093098774 }, { "symbol": "VNXAU", "metal": "gold", "base_mcap": 5948441.188025775, "today_mcap": 5622443.081102656, "base_price": 134.88528771033504, "today_price": 127.78279729778764, "return_pct": -5.480395562779606 }, { "symbol": "GOLDAO", "metal": "gold", "base_mcap": 2061583.0358431968, "today_mcap": 3936668.911425792, "base_price": 0.0030392766417300637, "today_price": 0.005803610943969444, "return_pct": 90.95369155556116 }, { "symbol": "XAGM", "metal": "silver", "base_mcap": 4430060.58209477, "today_mcap": 3791413.9693487957, "base_price": 67.13630422341475, "today_price": 51.89088598835947, "return_pct": -14.416204945982658 }, { "symbol": "CGO", "metal": "gold", "base_mcap": 5256788.688271815, "today_mcap": 3043642.802971495, "base_price": 134.78945354543114, "today_price": 126.81845012381228, "return_pct": -42.100719974496414 }, { "symbol": "GLDT", "metal": "gold", "base_mcap": 698879.6078783438, "today_mcap": 750827.1588778782, "base_price": 1.1757732299433779, "today_price": 1.2633809275045784, "return_pct": 7.432975638999784 }, { "symbol": "TGLD", "metal": "gold", "base_mcap": 74837.59942596829, "today_mcap": 541856.6372402016, "base_price": 3791.0328342676444, "today_price": 3930.0793408961226, "return_pct": 624.0433169909776 }, { "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": "2026-11-03", "fetched_at": "2026-11-03T15:00:00.000Z", "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 } }