Goldman Sachs says 'go for gold' as China weighs on other commodities

Goldman Sachs forecasts a significant rise in gold prices due to imminent Fed rate cuts, while weak demand from China impacts other commodities. Spot gold has surged 21% this year, prompting a revised price target of $2,700 by early 2025. The bank is cautious about oil, gas, and metals due to varying global demand and supply issues.