SAN FRANCISCO (MarketWatch) -- Gold and oil futures pared their gains Wednesday after the Federal Reserve said it would end, as planned, its $600 billion bond purchase program on June 30 and left its Fed funds rate at a historic low. August gold GC1Q +0.64% was up $8.70 at $1,555.10 an ounce. It was trading around $1,557 shortly before the announcement. August crude CL1Q +0.51% was up 51 cents at $94.68 a barrel, just slightly below where it was trading before the decision.
