In the question below is given a statement followed by two conclusions numbered I and II. You have to assume everything in the statement to be true, then consider the two conclusions together and decide which of them logically followed beyond a reasonable doubt from the information given in the statement.
Statement: Gold climbed to the highest this week as investors boosted holdings in bullion-backed funds as global market turmoil spurred demand for a haven.
Conclusions:
I. Funds investing in gold are a safe haven.
II. Market turmoil spurs people to look for a safe haven.1
Only conclusion I follows.
2
Only conclusion II follows
3
Neither I nor II follows
4
Both I and II follow.