Market analysis
The dollar rose against which currencies? Gold needs the basket behind the headline
Compare DXY’s fixed currency basket with the Federal Reserve’s trade-weighted dollar before interpreting gold’s response to a stronger dollar.
Gold Intelligence — 13 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
Treasury auction coverage rose. Did bids increase, or did the denominator shrink?
Separate auction bids, accepted supply and pricing before treating a higher Treasury bid-to-cover ratio as stronger demand or a gold signal.
Market analysis
Retail receipts rose. How much more did consumers actually buy?
Prepare for the next U.S. retail sales report by separating nominal receipts, prices, survey coverage and real consumption before drawing a gold conclusion.
Official sector & flows
2 ARTICLES
Official sector & flows
A gold ETF bar list and an inspection answer different questions
Read a gold ETF inventory beside its inspection scope, reconciliation dates and financial accounts before deciding what the evidence establishes.
Official sector & flows
The gold is available. Is it in the form the buyer can use?
Separate fine-gold availability from deliverable bar format, manufacturing capacity and location before interpreting physical-market premiums.
Practical education
3 ARTICLES
Practical education
The gold fill was a mistake. That does not make it reversible.
Separate a mistaken gold order, an exchange trade review and a corrected execution record. Build an incident process before a disputed fill occurs.
Practical education
Your gold order was entered on Wednesday. Its trade date can be Friday.
Reconcile gold futures timestamps, exchange trade dates and holiday sessions. CME’s November calendar shows why one date field is not enough.
Practical education
The gold desk’s cash reserve has a yield. Which denominator is it using?
Compare Treasury bill discount rates, investment yields and deposit APY on one holding period before using cash returns in gold allocation decisions.
Research methods
2 ARTICLES
Research methods
A gold strategy recovered its peak. How long was it underwater?
Measure the depth, descent and recovery of a gold strategy separately. Build a dated underwater record without inventing a portfolio from target alerts.
Research methods
No failures were observed. How much uncertainty remains?
Use an exact binomial example to understand zero observed failures, then check why selected gold successes and overlapping setups cannot supply that evidence.