币界网报道:According to the news from the currency network, on June 27 (UTC+8), gold prices fell on Friday and will record a second consecutive week of decline as the Israeli-Iranian ceasefire suppressed safe-haven demand while investors waited for US PCE data. Soni Kumari, commodity strategist at ANZ Bank, said that the market is quite optimistic about risky assets, which has suppressed gold prices. The easing of the situation in the Middle East after the ceasefire and the progress of trade negotiations are reducing market uncertainty, causing gold prices to fall further. Investors are waiting for the US core PCE data to be released tonight to further understand the policy path of the Federal Reserve. Analysts surveyed by Reuters expect the core PCE to increase by 0.1% month-on-month and 2.6% year-on-year. The market currently expects the Federal Reserve to cut interest rates by 63 basis points starting in September this year. US President Trump previously said that mild inflation means that the Federal Reserve should already be lowering the policy rate, but so far, only two Federal Reserve policymakers believe that the Federal Reserve can cut interest rates at the July meeting.