Market analysis
Why unchanged insured unemployment can still mean more people claiming benefits
Read the insured unemployment rate beside its underlying count and reference week before using weekly claims in gold analysis.
Gold Intelligence — 12 November 2026
A deeper reading of gold: markets, the holders of metal, practical decisions and the quality of the evidence.
By Gabriel Nicolaev — CyGuru. This collection is separate from the Daily Gold Brief. Publication dates refer to Dubai; each article identifies its own source periods.
Market analysis
3 ARTICLES
Market analysis
Two Treasury buyback programs ask different questions of the gold desk
Separate Treasury cash-management purchases from liquidity-support buybacks before drawing conclusions about gold’s rate backdrop.
Market analysis
A shop can raise its price while its producer-price margin falls
Understand how wholesale and retail margins enter PPI before interpreting the next producer-price report alongside gold.
Official sector & flows
2 ARTICLES
Official sector & flows
A gold ETF inflow has a size. How widely was it shared?
Use the World Gold Council’s October fund breakdown to distinguish breadth, gross flows and the global net figure.
Official sector & flows
Two Dubai gold items can share a purity and carry different VAT treatment
Read the UAE investment-precious-metal criteria and compare itemised Dubai gold quotations before purchase.
Practical education
3 ARTICLES
Practical education
One gold spread order or two outright legs? The difference is execution
Compare a native calendar spread order with separate gold futures legs. Understand sign, partial fills and temporary outright exposure.
Practical education
A gold option is near its strike. Which price decides exercise?
Prepare for a gold option near its strike by checking the applicable expiration reference, exercise convention and broker deadline.
Practical education
Before comparing two gold prices, ask which one you can accept
Compare precious-metal quotes by status, size, validity, settlement terms and acceptance evidence.
Research methods
2 ARTICLES
Research methods
Three target messages can describe one gold signal
Separate cumulative target reaches, highest milestone and actual exit quantities when auditing a gold signal archive.
Research methods
A gold signal was already active when your archive began. Where does it belong?
Use an explicit risk set when a gold signal was activated before reliable coverage began, and distinguish late entry from missing outcomes.