The festival saw the participation of 120 students in school theatre, Arabic calligraphy, and visual arts
Spot gold fell 0.3 per cent to $1,205.86 per ounce at 0746 GMT, having touched a one-month low of $1,205 earlier in the session.
"It seems like the bears are back in control... It's disappointing that every time gold starts to rally it runs out of steam so fast," a Hong Kong-based trader said.
The precious metal has fallen more than 11 percent from its April peak after investors preferred the dollar as the US-China trade war unfolded against a background of higher US interest rates.
Higher US interest rates tend to boost the dollar and also push up bond yields, reducing the appeal of non-yielding bullion.
Hedge funds and money managers cut their net short position in gold by 8,136 contracts to 37,486 contracts, data showed.
In other precious metals, silver was up 0.1 percent at $14.17 per ounce. Prices fell to their lowest level since Sept. 18 at $14.06 in the previous session.
The festival saw the participation of 120 students in school theatre, Arabic calligraphy, and visual arts
The PTI founder emphasised a deal is made by someone who wants to leave the country or avoid incarceration
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