Three caskets and a single true label
A single gem is hidden inside one of three caskets, Gold, Silver, or Bronze. Each casket bears an engraved label:
- Gold's label: "The gem is not in this casket."
- Silver's label: "The gem is in the Gold casket."
- Bronze's label: "The gem is not in the Silver casket."
You are told that exactly one of the three labels is true (the other two are false).
Which casket holds the gem?