There are far too many variables to say why your machine works for you, where you live, better than, say, for me where I live. Some of it is attributable to the soil - well, alright, a lot of it is soil related. Some of it could be moisture and/or depth of the targets in the soil. Some of it could even be lain down to simple operator enthusiasm. But lets look at it like the detector does.
A gold ring is really just a pultab / is really just a lead bullet / is really just a large wad of foil. However, rings DO present a homogenous, single loop inductor to the induced field from a detectors antenna, meaning they couple that signal very well. Further, It is a function of their conductivity that that they fall into the range of targets mentioned...
In a nutshell, your detector only knows there is a good inductor beneath its coil, in the midrange of conductivity. It gets the same result from a pulltab, but the pulltab is not as good of an inductor with it's multi-facted surfaces. So within the depth range of the detector, the ring is likely to hit pretty hard, whereas the pulltab will drop off sooner. When it comes to alloy gold rings, with their high copper content (as high as 71% in 10K), less is dependent on frequency.
I'll wager, though, that the 1236 would be as challenged as any VLF discriminator to accurately and strongly hit on free gold nuggets in the smaller grades, say a matchhead size. I would be surprised if it hit on flake or flour deposits at all in the DISC mode.
Most of your purpose built gold detectors are of somewhat higher frequency, yes, as free gold seems to respond better to these freq's. This is especially so for the smallest of nuggets and flake deposits. But, they are also designed to handle ground mineral fluctations and are invaribly all metal type detectors. Bill is right - this is really a poor comparison in terms of frequency on gold rings.