Hey treasure-state, you are right: Gold rings can read all over the spectrum, depending on their K's, size, etc... Generally at the lower to mid portion of the spectrum, but I have found big men's gold rings that read up at nearly zinc penny before. And one time I found a 24k ring (yes, some asian jewelers actually make pure gold rings!) that read up at penny! And it was a SMALL gold ring too, that if it had been 14 or 18K, no doubt, it would have read below tab, for instance.
What cracks me up, is the md'rs who try to suggest that you can tell the gold, apart from aluminum, by the sounds & tones. That is, even though two objects might have the same TID, they'll suggest that gold is a mellower sound, or a more-locked-on even tone, or whatever. Whenever I hear someone make this claim, I challenge them to go to the nearest inner city blighted junky park, and see how many gold rings they can find, while effortlessly leaving the foil and tabs behind. They quickly abandon their claims

It's sometimes tempting to *think* that gold sounds, or reads, differently, because each time we find a gold ring, we subconsciously tell ourselves "this one sounded different". But this is just a function of selective memory in our subconcious. That is: every time we stop to dig, we think "this sounds different" or "this might be gold". But when it turns out to be junk, we forget our premonitions. However, the one time it turns out to be gold, only THEN do we remember our premonitions, and think "aha! I was psychic!"
But the truth is, for every gold ring "signature", you can mimic the exact same signature, by simply wadding up a piece of foil or aluminum slaw, in such a way that it can/will read exactly the same. And for every piece of can slaw of foil wad signature, there's going to be rings that read the exact same way. And to the extent that a "given" ring will sound distinct and different from a variety of sample wads and shrapnel, you have to remember that SO TOO does each and every ring, sound different from each and every OTHER ring too.
About the only thing a person can do, to up their odds of digging more rings, from junky environments, is to use "ring enhancement programs". This runs statistical odds of commonly recurring junk items, and odds-ratios of the most common gold ring sizes, etc... But even those ring-enhancement programs go out the window, when you're in an area where lawn mowers cut up cans to infininate variable sizes of slaw. And gauranteed you will miss some gold rings, and dig a lot of junk, even using the enhancement programs. Thus the best bet to digging more gold, is to avoid the junky blighted turf, and hit swimming beach instead, where ratios are simply better to begin with, and digging is easy
Hey, I see from your post that you've been hunting since 1962. Do tell: what machine were you using then? What was its capability? (ie.: depth on coin-sized targets, etc..). What type places did you hunt, and what type finds did you make?