We report on 8.4 GHz VLBI observations of SN2001gd in the spiral galaxy NGC5033 made on 26 June 2002 and 8 April 2003. Our data nominally suggests a relatively strong deceleration for the expansion of SN2001gd, but we cannot dismiss the possibility of a free supernova expansion. From our VLBI observations on 8 April 2003, we inferred a minimum total energy in relativistic particles and magnetic fields in the supernova shell of E_min =(0.3-14) 10^{47} ergs, and a corresponding equipartition average magnetic field of B_min = (50--350) mG. We also present multiwavelength VLA measurements of SN2001gd, which are well fit by an optically thin, synchrotron spectrum, partially absorbed by thermal plasma. We obtain a supernova flux density of (1.02 +/- 0.05) mJy at the observing frequency of 8.4 GHz for the second epoch, which results in an isotropic radio luminosity of (6.0 +/- 0.3) * 10^{36} ergs between 1.4 and 43.3 GHz, at an adopted distance of 13.1 Mpc. Finally, we report on an XMM-Newton X-ray detection of SN2001gd on 18 December 2002. The supernova X-ray spectrum is consistent with optically thin emission from a soft component (associated with emission from the reverse shock) at a temperature around 1 keV. The observed flux corresponds to an isotropic X-ray luminosity of L_X = 1.4 +/- 0.4 * 10^{39} ergs/s in the (0.3-5) keV band. We suggest that both radio and X-ray observations of SN2001gd indicate that a circumstellar interaction similar to that displayed by SN1993J in M81 is taking place. ; Comment: 9 pages, 6 figures, 2 tables, accepted for publication in MNRAS