Concept:
Thermal conductivity in metals is primarily due to free electrons. More free electrons → higher heat transfer ability.
Step 1: Evaluate materials.
• Silver → highest thermal conductivity
• Gold → high thermal conductivity
• Nickel → moderate
• Brass → alloy → lower conductivity
Step 2: Select correct set.
Only:
\[
\text{Silver and Gold}
\]
have high thermal conductivity.
Final Answer:
\[
\boxed{I \text{ and } II \text{ only}}
\]