$1.$ A bullion bank enters into a gold carry trade and invests the proceeds in government bonds. Which of the following events will affect the transaction negatively?

i$.$ Rising bond rates

ii$.$ Declining bond rates

iii. Rising gold prices

iv$.$ Declining gold prices

$($a $)($i$)$ and $($iii$)$ only

$($b $)($i$)$ and $($iv$)$ only

$($c $)($ii$)$ and $($iii$)$ only

$($d $)($ii$)$ and $($iv$)$ only

$($e $)$ None of the above