> For the complete documentation index, see [llms.txt](https://docs.indexcoop.com/index-coop-community-handbook/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.indexcoop.com/index-coop-community-handbook/products/legacy-products/coinshares-gold-index-cgi.md).

# CoinShares Gold Index (CGI)

⚠️Deprecated in May 2021: [IIP-43](https://snapshot.org/#/index-coop.eth/proposal/QmWTBBjj4cty1rmVuyujjV1hvNVVCBQaHbx3FSxKkEfD4R) ⚠️

### What is the CoinShares Gold Index token (CGI)?

[**The CoinShares Gold Index**](https://www.indexcoop.com/cgi) is a low-volatility index that utilises the concept of volatility harvesting through (a) forming an equally weighted basket of bitcoin and ether and (b) combining it with gold using weighted-risk contribution as a rebalancing mechanism. By decreasing volatility levels, it seeks to yield superior risk-adjusted returns when compared to a number of alternative strategies, including holding cryptoassets or gold alone.

### What is the methodology behind CGI?

The methodologist behind CGI is [CoinShares](https://coinshares.com/) (The CoinShares Group).&#x20;

You can find the methodology for CGI on [indexcoop.com/cgi](https://www.indexcoop.com/cgi)

### Where can I buy the CoinShares Gold Index token?

* Due to insufficient demand, the CGI product is currently being deprecated.

### CGI Resources

* Contract address: [0xAdA0A1202462085999652Dc5310a7A9e2BF3eD42](https://etherscan.io/address/0xada0a1202462085999652dc5310a7a9e2bf3ed42)
* Dune Analytics - [OverAnalyser's Dashboard](https://explore.duneanalytics.com/dashboard/overanalysers-indexcoop-dashboard)
* [IIP-07 CoinShares Gold and Cryptoassets Index Lite Version (CGCI-LV) ](https://gov.indexcoop.com/t/iip-7-coinshares-gold-and-cryptoassets-index-lite-version-cgci-lv/242)- Index Coop Forum
* [CoinShares Releases DeFi Index Token for Institutional Investors](https://www.coindesk.com/coinshares-releases-defi-index-token-for-institutional-investors) - Coindesk
* [Asset Management is Going Digital, DeFi is Powering the Change](https://coinshares.com/insights/asset-management-is-going-digital) - Coinshares
