{ "snapshot": { "date": "2026-11-04", "fetched_at": "2026-11-04T15:00:00.000Z", "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": "2026-11-05T05:25:53.495Z", "total_market_cap_usd": 5889439300.118867, "constituents_count": 21, "missing_count": 4, "constituents": [ { "id": "tether-gold", "symbol": "XAUT", "name": "Tether Gold", "metal": "gold", "market_cap_usd": 3254222561.958001, "price_usd": 4022.5514994555665, "volume_24h_usd": 249970697.46849826, "missing": false, "point_utc": "2026-11-04T15:00:00.000Z", "weight_pct": 55.25521864012285 }, { "id": "pax-gold", "symbol": "PAXG", "name": "PAX Gold", "metal": "gold", "market_cap_usd": 1804455309.4033213, "price_usd": 4034.076301881062, "volume_24h_usd": 119491790.36957765, "missing": false, "point_utc": "2026-11-04T15:00:00.000Z", "weight_pct": 30.638830242581864 }, { "id": "kinesis-gold", "symbol": "KAU", "name": "Kinesis Gold", "metal": "gold", "market_cap_usd": 356828526.5986796, "price_usd": 130.27074821628125, "volume_24h_usd": 494881.5542555457, "missing": false, "point_utc": "2026-11-04T15:00:00.000Z", "weight_pct": 6.058786047620488 }, { "id": "kinesis-silver", "symbol": "KAG", "name": "Kinesis Silver", "metal": "silver", "market_cap_usd": 192621521.7704059, "price_usd": 52.42200125905393, "volume_24h_usd": 381814.0316594505, "missing": false, "point_utc": "2026-11-04T15:00:00.000Z", "weight_pct": 3.2706258092602836 }, { "id": "pleasing-gold", "symbol": "PGOLD", "name": "Pleasing Gold", "metal": "gold", "market_cap_usd": 79532423.44215126, "price_usd": 4077.5297498872433, "volume_24h_usd": 559.4899550127966, "missing": false, "point_utc": "2026-11-04T15:00:00.000Z", "weight_pct": 1.3504243679113233 }, { "id": "matrixdock-gold", "symbol": "XAUM", "name": "Matrixdock Gold", "metal": "gold", "market_cap_usd": 69980208.37767856, "price_usd": 4031.1380597641287, "volume_24h_usd": 408692.6003743318, "missing": false, "point_utc": "2026-11-04T15:00:00.000Z", "weight_pct": 1.1882321017599442 }, { "id": "goldfish-gold", "symbol": "GGBR", "name": "Goldfish Gold", "metal": "gold", "market_cap_usd": 82264519.74927685, "price_usd": 4.034911426336012, "volume_24h_usd": 96733.65717772295, "missing": false, "point_utc": "2026-11-04T15:00:00.000Z", "weight_pct": 1.3968141202782496 }, { "id": "streamex-gldy", "symbol": "GLDY", "name": "Streamex GLDY", "metal": "gold", "market_cap_usd": 12439620.96014836, "price_usd": 4041.82, "volume_24h_usd": 0, "missing": false, "point_utc": "2026-11-04T15:00:00.000Z", "weight_pct": 0.21121910467601374 }, { "id": "uranium", "symbol": "XU3O8", "name": "Uranium³O₈", "metal": "uranium", "market_cap_usd": 9168959.890963938, "price_usd": 5.730599931852462, "volume_24h_usd": 550859.0263157585, "missing": false, "point_utc": "2026-11-04T15:00:00.000Z", "weight_pct": 0.15568476766164957 }, { "id": "gold-token-sa-dgld-tokenized-gold", "symbol": "DGLD", "name": "Gold Token SA DGLD", "metal": "gold", "market_cap_usd": 9759101.777418276, "price_usd": 4046.1375844152467, "volume_24h_usd": 16301.03541524438, "missing": false, "point_utc": "2026-11-04T15:00:00.000Z", "weight_pct": 0.16570510841704927 }, { "id": "vnx-gold", "symbol": "VNXAU", "name": "VNX Gold", "metal": "gold", "market_cap_usd": 5700187.910994386, "price_usd": 129.5497252498724, "volume_24h_usd": 10387.804150426437, "missing": false, "point_utc": "2026-11-04T15:00:00.000Z", "weight_pct": 0.09678659750987398 }, { "id": "comtech-gold", "symbol": "CGO", "name": "Comtech Gold", "metal": "gold", "market_cap_usd": 3107066.4717123667, "price_usd": 129.46110298801528, "volume_24h_usd": 858016.8644279217, "missing": false, "point_utc": "2026-11-04T15:00:00.000Z", "weight_pct": 0.052756575174306604 }, { "id": "matrixdock-silver", "symbol": "XAGM", "name": "Matrixdock Silver", "metal": "silver", "market_cap_usd": 3854085.4286973625, "price_usd": 52.74819952124878, "volume_24h_usd": 14404.225533100753, "missing": false, "point_utc": "2026-11-04T15:00:00.000Z", "weight_pct": 0.06544061721834157 }, { "id": "gold-dao", "symbol": "GOLDAO", "name": "Gold DAO", "metal": "gold", "market_cap_usd": 4022185.104888012, "price_usd": 0.0059296826882361455, "volume_24h_usd": 688.3906051102459, "missing": false, "point_utc": "2026-11-04T15:00:00.000Z", "weight_pct": 0.06829487324551986 }, { "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": 773878.7952636451, "price_usd": 1.302168812856346, "volume_24h_usd": 4800.319717355296, "missing": false, "point_utc": "2026-11-04T15:00:00.000Z", "weight_pct": 0.01314010987850789 }, { "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": 0.0028380802050987424 }, { "id": "tenbin-gold", "symbol": "TGLD", "name": "Tenbin Gold", "metal": "gold", "market_cap_usd": 541995.4682980544, "price_usd": 3931.0862808039196, "volume_24h_usd": 9.957358666253185, "missing": false, "point_utc": "2026-11-04T15:00:00.000Z", "weight_pct": 0.009202836478629049 }, { "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": 112.38, "gmri_ew": 101.76, "base_total_mcap": 5240685620.611613, "today_total_mcap": 5889439300.118867, "active_constituents": 17, "universe_size": 21, "family": { "live": { "TS-GMRI-EW": { "code": "TS-GMRI-EW", "name": "TS-GMRI Equal-Weighted", "n": 17, "value": 101.76, "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": 134.19, "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": 114.13, "notes": "Subset: tokens backed by physical gold." }, "TS-GMRI-PRE": { "code": "TS-GMRI-PRE", "name": "TS-GMRI Precious", "n": 16, "value": 112.39, "notes": "Subset: gold + silver + platinum + palladium." }, "TS-GMRI-AG": { "code": "TS-GMRI-AG", "name": "TS-GMRI Silver", "n": 2, "value": 77.99, "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": 3254222561.958001, "base_price": 4183.561630896118, "today_price": 4022.5514994555665, "return_pct": 26.93037308959898 }, { "symbol": "PAXG", "metal": "gold", "base_mcap": 1905168472.2898455, "today_mcap": 1804455309.4033213, "base_price": 4192.532749581879, "today_price": 4034.076301881062, "return_pct": -5.286312698922413 }, { "symbol": "KAU", "metal": "gold", "base_mcap": 306597540.25711286, "today_mcap": 356828526.5986796, "base_price": 128.4862810930633, "today_price": 130.27074821628125, "return_pct": 16.38336246906711 }, { "symbol": "KAG", "metal": "silver", "base_mcap": 247497505.33844045, "today_mcap": 192621521.7704059, "base_price": 66.49648339812154, "today_price": 52.42200125905393, "return_pct": -22.172338057708664 }, { "symbol": "GGBR", "metal": "gold", "base_mcap": 24655347.962438818, "today_mcap": 82264519.74927685, "base_price": 4.195308142410139, "today_price": 4.034911426336012, "return_pct": 233.65791419615212 }, { "symbol": "PGOLD", "metal": "gold", "base_mcap": 81234682.94380227, "today_mcap": 79532423.44215126, "base_price": 4164.802505571079, "today_price": 4077.5297498872433, "return_pct": -2.0954836529966103 }, { "symbol": "XAUM", "metal": "gold", "base_mcap": 64829339.761465766, "today_mcap": 69980208.37767856, "base_price": 4149.36353844632, "today_price": 4031.1380597641287, "return_pct": 7.945273907099759 }, { "symbol": "GLDY", "metal": "gold", "base_mcap": 12937920.44690255, "today_mcap": 12439620.96014836, "base_price": 4203.725, "today_price": 4041.82, "return_pct": -3.8514650696703567 }, { "symbol": "DGLD", "metal": "gold", "base_mcap": 6689874.9709470635, "today_mcap": 9759101.777418276, "base_price": 4171.559020523995, "today_price": 4046.1375844152467, "return_pct": 45.87868711747707 }, { "symbol": "XU3O8", "metal": "uranium", "base_mcap": 8625631.128640588, "today_mcap": 9168959.890963938, "base_price": 5.391019455400367, "today_price": 5.730599931852462, "return_pct": 6.299002985639834 }, { "symbol": "VNXAU", "metal": "gold", "base_mcap": 5948441.188025775, "today_mcap": 5700187.910994386, "base_price": 134.88528771033504, "today_price": 129.5497252498724, "return_pct": -4.173417357325871 }, { "symbol": "GOLDAO", "metal": "gold", "base_mcap": 2061583.0358431968, "today_mcap": 4022185.104888012, "base_price": 0.0030392766417300637, "today_price": 0.0059296826882361455, "return_pct": 95.10177542972069 }, { "symbol": "XAGM", "metal": "silver", "base_mcap": 4430060.58209477, "today_mcap": 3854085.4286973625, "base_price": 67.13630422341475, "today_price": 52.74819952124878, "return_pct": -13.001518663770861 }, { "symbol": "CGO", "metal": "gold", "base_mcap": 5256788.688271815, "today_mcap": 3107066.4717123667, "base_price": 134.78945354543114, "today_price": 129.46110298801528, "return_pct": -40.89421021156123 }, { "symbol": "GLDT", "metal": "gold", "base_mcap": 698879.6078783438, "today_mcap": 773878.7952636451, "base_price": 1.1757732299433779, "today_price": 1.302168812856346, "return_pct": 10.731345791156155 }, { "symbol": "TGLD", "metal": "gold", "base_mcap": 74837.59942596829, "today_mcap": 541995.4682980544, "base_price": 3791.0328342676444, "today_price": 3931.0862808039196, "return_pct": 624.2288267600211 }, { "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": "2026-11-04", "fetched_at": "2026-11-04T15:00:00.000Z", "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 } }