Gold prices have been rising steadily this year, with institutions shouting out $3000. After the first interest rate cut by the Federal Reserve, spot gold prices broke through $2600 on September 20th, reaching a historic high. Last week, spot gold prices closed near $2622.27, approaching the target price of $2700 set by several Wall Street investment banks for the year or the first half of next year. There are also many institutions shouting out $3000.