Gold prices are moderately down and hit a two-week low in midday U.S. trading Tuesday. So far this week, trader and investor risk appetite is more upbeat, which is bearish for the safe-haven gold and silver markets. The near-term technical posture has deteriorated for gold and silver recently, suggesting more downside price pressure in the near term, including new lows for the year in both metals. June gold futures were last down $3.90 an ounce at $1,273.40. July Comex silver prices hit a 5.5-month low today and were last down $0.015 at $14.43 an ounce. For the time being, the world marketplace has put the U.S.-China trade war and its negative ramifications on world economies on the back burner. U.S. and world stock markets have moved mostly higher so far this week.