The morning gold price in the Asian market fell, influenced by possible position adjustments.

The price of gold fell during the early Asian session due to possible position adjustments. Spot gold dropped 0.3% to $5,025.48 per ounce. However, weaker-than-expected US CPI data on Friday may limit the downward trend of gold prices. The research team at Sucden Financial commented that the data has prompted the market to expect the Federal Reserve to adopt a more aggressive rate cut cycle. The team added, "The market currently expects the Fed to cut rates more than twice by 2026, with the first rate cut expected in the 6-7 month period." The heating up of expectations for Fed rate cuts typically increases the attractiveness of this interest-free precious metal.