Gold looks to have found a foothold above $1400 for the moment after

Gold looks to have found a foothold above $1400 for the moment after spending much of the week struggling to break through that level after the recent historic sell-off. The overnight session had the yellow metal reach as high as $1424.70 before retreating, indicating there’s still a healthy amount of uncertainty in the market. Reports of decent physical demand aren’t all too surprising and coupled with Germany induced EUR strength and a two-day downtrend in the equities arena, gold now trades around the $1407 mark heading into the end of the week. The rest of the complex looks to be following suit as silver is up .75% from yesterday’s close. Palladium is up .75% as well, now trading ~$675. Platinum is odd man out at the moment but only down a modest .10%.The G20 meeting in Washington wraps up today so developments from that shindig will be eyed closely. Have a great weekend!