Make fruity ice cubes to flavor your summertime beverages like iced tea, lemonade and sparkling water. Add the ice cubes to punch to chill it without diluting the flavor.
Bring water and sugar to boil in small saucepan on medium heat, stirring to dissolve sugar. Remove from heat. Cool to room temperature.
Pour syrup into blender container. Add frozen peach slices and raspberry extract; cover. Blend on high speed until smooth. Pour into ice cube trays.
Freeze 4 hours or overnight or until firm.