Fabre took gold for France with a time of 1:47.74, 28 hundredths of a second ahead of compatriot Thibaut Favrot and Italian Giulio Bosca, who both finished with the same time to take silver.
"I really wanted to win and I did it," a delighted Fabre said. "I am very happy for my personal achievement, but especially for our French team who is doing very well at this Universiade.
"Despite participating in many Europa Cup races, this is the first time I compete on this very challenging and optimally prepared track. Now I hope to do the same in the slalom, although it will be more difficult because the specialists in this discipline are many."
In Predazzo, medal table leaders Russia picked up another gold after triumphing in the HS106 mixed team ski jumping event.
Irina Avvakumova and Mikhail Maksimochkin, who both had to settle for bronze medals in Saturday's HS106 individual events, teamed up with to clinch victory with 508.1 points, three ahead of Finnish duo Julia Kykkanen and Sami Niemi and 7.5 ahead of Slovenia's Katia Pozun and Mitja Meznar.
“We couldn’t have a better team: Mikhail Maksimochkin and I were well-trained for this competition," Avvakumova said. "I was already familiar with Predazzo’s trampolines because I participated in the Fiemme World Championships and I like them.”
In an unprecedented ending at these Games to the women's cross country 5km free technique individual race, two gold medals were awarded after a dead heat for first place.
The joint winners were Ukrainian Kateryna Grygorenko and Norwegian Astrid Oeyre Slind, who crossed the line in exactly the same time of 13:27.1.
Bronze went to another Ukrainian Maryna Antsybor, just two tenths of a second back after a thrillingly tight finish.
In the men's race, Serbia's Milanko Petrovic sealed gold after he finished the 10km course in 23:57.4 with a 5.5 advantage over Belarusian Michail Semenov, and 13.7s in front of Russia's Raul Shakirzianov.
Slind's gold was the first medal for Norway at these Games.
“I'm super happy. The track was perfect. I pushed a lot in the first leap, but I managed to save a bit of energy for the final straight," Slind said.
In snowboarding, China dominated the women's half-pipe, with Shuang Li securing gold ahead of Zhifeng Sun and Xiujuan Xu.
Spanish boarder Ruben Verges won the men's event, with China's Yi Hu picking up silver and Switzerland's Rafael Imhof bronze.
“I was not sure I could win, but I hoped so," Li said. "Now I will go to Sochi Winter Olympic Games and my goal is to do my best also there. But I do not think that I can reach the podium. In Turkey two years ago, the halfpipe was much bigger, but I really like this one. Moreover, I like Trentino.”
And in speed skating, Czech ace Martina Sablikova won the women's 5,000m race with a Universiade record time of 7:05.17.
The two times Olympic champion was too quick for Koreans Kim Bo Reum (+12.65) and Park Doyoung (+21.41), who came in second and third respectively.
Mirko Giacomo Nenzi picked up gold for Italy in the men's 1,000m race, with Jan Marek Szymanski settling for silver and Ching-Yang Sung bronze.