medium · 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 applied in precisely the same way by every single major financial institution and ratings agency worldwide today
- The prevailing market price of physical gold currently being quoted across several different major international currencies and trading venues
- The total quantity of physical gold bullion that is presently being held within the world's various combined central bank reserves
- Whether this particular analyst's earlier published market forecasts on commodity and precious-metal prices ultimately proved to be accurate over time
- Whether currently rising interest rates make alternative assets sufficiently attractive to divert capital away from gold even amid uncertainty
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