Gold builds on the overnight solid bounce from sub-$5,100 levels and scales higher during the Asian session on Friday. Investors continue to seek refuge in safe-haven assets, including the XAU/USD, amid mounting economic and geopolitical risks fueled by US President Donald Trump's decisions. Moreover, Fed rate cut bets and concerns about the US central bank's independence benefit the non-yielding bullion, which has gained more than 25% since the start of this year.