hard · GMAT Verbal
An analyst predicts that the price of gold will increase because global economic uncertainty is rising. The analyst assumes that investors always buy gold as a 'safe haven' during times of uncertainty.
Which of the following would be most useful to know in evaluating the analyst's conclusion?
- Whether the term 'safe haven' is used consistently by every major financial institution
- The prevailing price of gold quoted across several major international currencies
- The total quantity of gold presently held in central bank reserves
- Whether the analyst's previous market forecasts proved accurate
- Whether currently rising interest rates make alternative assets sufficiently attractive to divert capital away from gold even amid uncertainty
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