{ "snapshot": { "date": "2026-11-05", "fetched_at": "2026-11-05T15:00:00.000Z", "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": "2026-11-06T05:24:38.459Z", "total_market_cap_usd": 5992067833.326393, "constituents_count": 21, "missing_count": 4, "constituents": [ { "id": "tether-gold", "symbol": "XAUT", "name": "Tether Gold", "metal": "gold", "market_cap_usd": 3311173088.492533, "price_usd": 4092.948167644244, "volume_24h_usd": 346340641.7454893, "missing": false, "point_utc": "2026-11-05T15:00:00.000Z", "weight_pct": 55.259272434744666 }, { "id": "pax-gold", "symbol": "PAXG", "name": "PAX Gold", "metal": "gold", "market_cap_usd": 1836122318.3447378, "price_usd": 4101.083451646242, "volume_24h_usd": 123125379.77160959, "missing": false, "point_utc": "2026-11-05T15:00:00.000Z", "weight_pct": 30.642548939994995 }, { "id": "kinesis-gold", "symbol": "KAU", "name": "Kinesis Gold", "metal": "gold", "market_cap_usd": 363452537.2699384, "price_usd": 132.68903812870192, "volume_24h_usd": 139898.38978103246, "missing": false, "point_utc": "2026-11-05T15:00:00.000Z", "weight_pct": 6.065561128138531 }, { "id": "kinesis-silver", "symbol": "KAG", "name": "Kinesis Silver", "metal": "silver", "market_cap_usd": 196093991.52009532, "price_usd": 53.36703487688206, "volume_24h_usd": 150811.83068148387, "missing": false, "point_utc": "2026-11-05T15:00:00.000Z", "weight_pct": 3.272559606709878 }, { "id": "pleasing-gold", "symbol": "PGOLD", "name": "Pleasing Gold", "metal": "gold", "market_cap_usd": 80718663.51888418, "price_usd": 4138.346822900305, "volume_24h_usd": 64.70383538573128, "missing": false, "point_utc": "2026-11-05T15:00:00.000Z", "weight_pct": 1.3470919516289022 }, { "id": "matrixdock-gold", "symbol": "XAUM", "name": "Matrixdock Gold", "metal": "gold", "market_cap_usd": 71073762.1674983, "price_usd": 4094.1311031507753, "volume_24h_usd": 437408.9913554535, "missing": false, "point_utc": "2026-11-05T15:00:00.000Z", "weight_pct": 1.1861308006595601 }, { "id": "goldfish-gold", "symbol": "GGBR", "name": "Goldfish Gold", "metal": "gold", "market_cap_usd": 83348410.51296969, "price_usd": 4.087071803334558, "volume_24h_usd": 121305.49398854778, "missing": false, "point_utc": "2026-11-05T15:00:00.000Z", "weight_pct": 1.390979088210693 }, { "id": "streamex-gldy", "symbol": "GLDY", "name": "Streamex GLDY", "metal": "gold", "market_cap_usd": 12643966.68401757, "price_usd": 4108.215, "volume_24h_usd": 0, "missing": false, "point_utc": "2026-11-05T15:00:00.000Z", "weight_pct": 0.21101174145083884 }, { "id": "uranium", "symbol": "XU3O8", "name": "Uranium³O₈", "metal": "uranium", "market_cap_usd": 9137458.817274803, "price_usd": 5.710911760796752, "volume_24h_usd": 476264.0770014437, "missing": false, "point_utc": "2026-11-05T15:00:00.000Z", "weight_pct": 0.15249257971437716 }, { "id": "gold-token-sa-dgld-tokenized-gold", "symbol": "DGLD", "name": "Gold Token SA DGLD", "metal": "gold", "market_cap_usd": 9969323.018116027, "price_usd": 4133.295612113836, "volume_24h_usd": 46287.21894377941, "missing": false, "point_utc": "2026-11-05T15:00:00.000Z", "weight_pct": 0.16637533645178595 }, { "id": "vnx-gold", "symbol": "VNXAU", "name": "VNX Gold", "metal": "gold", "market_cap_usd": 5650814.187590524, "price_usd": 128.4275951725119, "volume_24h_usd": 24367.414730616783, "missing": false, "point_utc": "2026-11-05T15:00:00.000Z", "weight_pct": 0.09430491017077774 }, { "id": "comtech-gold", "symbol": "CGO", "name": "Comtech Gold", "metal": "gold", "market_cap_usd": 3166264.7699964806, "price_usd": 131.92769874985336, "volume_24h_usd": 855982.3121033015, "missing": false, "point_utc": "2026-11-05T15:00:00.000Z", "weight_pct": 0.05284093668610529 }, { "id": "matrixdock-silver", "symbol": "XAGM", "name": "Matrixdock Silver", "metal": "silver", "market_cap_usd": 3946321.727529165, "price_usd": 54.010129141411966, "volume_24h_usd": 6634.704738270992, "missing": false, "point_utc": "2026-11-05T15:00:00.000Z", "weight_pct": 0.06585909634701903 }, { "id": "gold-dao", "symbol": "GOLDAO", "name": "Gold DAO", "metal": "gold", "market_cap_usd": 4148888.429262862, "price_usd": 0.00611647431753597, "volume_24h_usd": 350.1350063721338, "missing": false, "point_utc": "2026-11-05T15:00:00.000Z", "weight_pct": 0.06923967726446245 }, { "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": 765162.5780178666, "price_usd": 1.2875022345917324, "volume_24h_usd": 2007.8094567232101, "missing": false, "point_utc": "2026-11-05T15:00:00.000Z", "weight_pct": 0.012769591388171915 }, { "id": "gold-fgld-finest-tokenized-gold", "symbol": "FGLD", "name": "fGLD", "metal": "gold", "market_cap_usd": 165739.5148070321, "price_usd": 107.4834726375046, "volume_24h_usd": 214.9669452750092, "missing": false, "point_utc": "2026-11-05T00:00:00.000Z", "stale": true, "weight_pct": 0.0027659819517601267 }, { "id": "tenbin-gold", "symbol": "TGLD", "name": "Tenbin Gold", "metal": "gold", "market_cap_usd": 491121.77312286955, "price_usd": 4009.0523001262413, "volume_24h_usd": 29.545977577836453, "missing": false, "point_utc": "2026-11-05T03:00:00.000Z", "stale": true, "weight_pct": 0.008196198487463247 }, { "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": 114.34, "gmri_ew": 103.13, "base_total_mcap": 5240685620.611613, "today_total_mcap": 5992067833.326393, "active_constituents": 17, "universe_size": 21, "family": { "live": { "TS-GMRI-EW": { "code": "TS-GMRI-EW", "name": "TS-GMRI Equal-Weighted", "n": 17, "value": 103.13, "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": 136.2, "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": 116.12, "notes": "Subset: tokens backed by physical gold." }, "TS-GMRI-PRE": { "code": "TS-GMRI-PRE", "name": "TS-GMRI Precious", "n": 16, "value": 114.35, "notes": "Subset: gold + silver + platinum + palladium." }, "TS-GMRI-AG": { "code": "TS-GMRI-AG", "name": "TS-GMRI Silver", "n": 2, "value": 79.4, "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": 3311173088.492533, "base_price": 4183.561630896118, "today_price": 4092.948167644244, "return_pct": 29.151718262846103 }, { "symbol": "PAXG", "metal": "gold", "base_mcap": 1905168472.2898455, "today_mcap": 1836122318.3447378, "base_price": 4192.532749581879, "today_price": 4101.083451646242, "return_pct": -3.6241495148258585 }, { "symbol": "KAU", "metal": "gold", "base_mcap": 306597540.25711286, "today_mcap": 363452537.2699384, "base_price": 128.4862810930633, "today_price": 132.68903812870192, "return_pct": 18.543852949748697 }, { "symbol": "KAG", "metal": "silver", "base_mcap": 247497505.33844045, "today_mcap": 196093991.52009532, "base_price": 66.49648339812154, "today_price": 53.36703487688206, "return_pct": -20.769305835246055 }, { "symbol": "GGBR", "metal": "gold", "base_mcap": 24655347.962438818, "today_mcap": 83348410.51296969, "base_price": 4.195308142410139, "today_price": 4.087071803334558, "return_pct": 238.05408319504068 }, { "symbol": "PGOLD", "metal": "gold", "base_mcap": 81234682.94380227, "today_mcap": 80718663.51888418, "base_price": 4164.802505571079, "today_price": 4138.346822900305, "return_pct": -0.635220580937168 }, { "symbol": "XAUM", "metal": "gold", "base_mcap": 64829339.761465766, "today_mcap": 71073762.1674983, "base_price": 4149.36353844632, "today_price": 4094.1311031507753, "return_pct": 9.6320931680137 }, { "symbol": "GLDY", "metal": "gold", "base_mcap": 12937920.44690255, "today_mcap": 12643966.68401757, "base_price": 4203.725, "today_price": 4108.215, "return_pct": -2.2720325425664156 }, { "symbol": "DGLD", "metal": "gold", "base_mcap": 6689874.9709470635, "today_mcap": 9969323.018116027, "base_price": 4171.559020523995, "today_price": 4133.295612113836, "return_pct": 49.02106633399015 }, { "symbol": "XU3O8", "metal": "uranium", "base_mcap": 8625631.128640588, "today_mcap": 9137458.817274803, "base_price": 5.391019455400367, "today_price": 5.710911760796752, "return_pct": 5.933799869261036 }, { "symbol": "VNXAU", "metal": "gold", "base_mcap": 5948441.188025775, "today_mcap": 5650814.187590524, "base_price": 134.88528771033504, "today_price": 128.4275951725119, "return_pct": -5.003445289740371 }, { "symbol": "GOLDAO", "metal": "gold", "base_mcap": 2061583.0358431968, "today_mcap": 4148888.429262862, "base_price": 0.0030392766417300637, "today_price": 0.00611647431753597, "return_pct": 101.24769932276574 }, { "symbol": "XAGM", "metal": "silver", "base_mcap": 4430060.58209477, "today_mcap": 3946321.727529165, "base_price": 67.13630422341475, "today_price": 54.010129141411966, "return_pct": -10.919463641665761 }, { "symbol": "CGO", "metal": "gold", "base_mcap": 5256788.688271815, "today_mcap": 3166264.7699964806, "base_price": 134.78945354543114, "today_price": 131.92769874985336, "return_pct": -39.76807975826399 }, { "symbol": "GLDT", "metal": "gold", "base_mcap": 698879.6078783438, "today_mcap": 765162.5780178666, "base_price": 1.1757732299433779, "today_price": 1.2875022345917324, "return_pct": 9.48417572816933 }, { "symbol": "TGLD", "metal": "gold", "base_mcap": 74837.59942596829, "today_mcap": 491121.77312286955, "base_price": 3791.0328342676444, "today_price": 4009.0523001262413, "return_pct": 556.2500359310732 }, { "symbol": "FGLD", "metal": "gold", "base_mcap": 193166.28705668196, "today_mcap": 165739.5148070321, "base_price": 125.26996566581191, "today_price": 107.4834726375046, "return_pct": -14.198529498888101 } ], "date": "2026-11-05", "fetched_at": "2026-11-05T15:00:00.000Z", "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 } }