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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?

Your answer

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