PRECIOUS-Gold rises 1 percent, holds near one-week high

* Gold neutral in $1,448-$1,485 range-technicals * Speculators cut gold longs in the week to April 23 * Coming Up: U.S. Personal income/spending; 1230 GMT (Updates prices, adds quotes) By Lewa Pardomuan …

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PRECIOUS-Gold rises 1 percent, holds near one-week high

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