VSO (Vigilant Spectre Operations) gun channel tests Wolf Gold a common “cheap” ammo loading typically from Asia to M-193 specifications. To give viewers some perspective, they also test PMC Bronze (also loaded in Asia, typically South Korea), which shoots roughly similar out of the test rifle.
Now, the test results are from a single gun at a single day that may or may not skew the results from an average performance standpoint, but its a compelling video that even “cheap” ammunition can be accurate when employed correctly. Each gun (and even down to each individual barrel) will shoot ammo differently.
For example, one of my 3-gun team-mates shoots Wolf Polyformance 55-grain and swears its steel-seeking steel ammo.