<PAGE> PAGE 1
000 A000000 06/30/96
000 C000000 0000277512
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 LEXINGTON GOLDFUND, INC.
001 B000000 811-2881
001 C000000 2018457300
002 A000000 PARK 80 WEST PLAZA TWO
002 B000000 SADDLE BROOK
002 C000000 NJ
002 D010000 07663
002 D020000 9990
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A000001 LEXINGTON MANAGEMENT CORPORATION
008 B000001 A
008 C000001 801-8281
008 D010001 SADDLE BROOK
008 D020001 NJ
008 D030001 07663
008 D040001 9990
010 A000001 LEXINGTON MANAGEMENT CORPORATION
010 B000001 8281
010 C010001 SADDLE BROOK
010 C020001 NJ
010 C030001 07663
011 A000001 LEXINGTON FUNDS DISTRIBUTOR, INC.
011 B000001 8-24850
011 C010001 SADDLE BROOK
011 C020001 NJ
011 C030001 07663
011 C040001 9990
<PAGE> PAGE 2
012 A000001 STATE STREET BANK & TRUST COMPANY C/O NFDS
012 B000001 84-1078
012 C010001 KANSAS CITY
012 C020001 MO
012 C030001 64105
013 A000001 KPMG PEAT MARWICK LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10154
014 A000001 LEXINGTON FUNDS DISTRIBUTOR, INC.
014 B000001 8-24850
015 A000001 CHASE MANHATTAN BANK N.A.
015 B000001 C
015 C010001 BROOKLYN
015 C020001 NY
015 C030001 11245
015 E040001 X
018 000000 Y
019 A000000 Y
019 B000000 18
019 C000000 :LEXINGTON
020 A000001 NESBITT/BURNS
020 C000001 30
020 A000002 HARTLEY POYNTON
020 C000002 30
020 A000003 PRU-BACHE SECURITIES
020 C000003 21
020 A000004 MERRILL LYNCH
020 B000004 13-5674085
020 C000004 19
020 A000005 SBC WARBURG
020 C000005 15
020 A000006 MIDLAND/WALWYN
020 C000006 14
020 A000007 SCOTIA - MC LEOD
020 B000007 13-5239583
020 C000007 9
020 A000008 AUTRANET, INC.
020 B000008 13-2961507
020 C000008 9
020 A000009 ORD-MINNETT
020 C000009 8
020 A000010 FIRST MARATHON
020 C000010 8
021 000000 163
022 A000001 MERRILL LYNCH PIERCE FENNER & SMITH INC.
022 B000001 13-5674085
022 C000001 501796
022 D000001 6445
022 A000002 NESBITT/BURNS
022 C000002 4072
<PAGE> PAGE 3
022 D000002 0
022 A000003 UBS SECURITIES
022 C000003 0
022 D000003 3237
022 A000004 CREDIT SUISSE
022 C000004 1953
022 D000004 0
022 A000005 GOEPEL SHIELD
022 C000005 1269
022 D000005 0
022 A000006 YORKTON
022 C000006 826
022 D000006 0
022 A000007 SCOTIA CAPITAL MKTS
022 C000007 780
022 D000007 0
022 A000008 LOEWEN ONDAATJE MCCUTCHEON
022 C000008 635
022 D000008 0
022 A000009 DOMINION SECURITIES
022 C000009 500
022 D000009 0
022 A000010 JAMES CAPEL, INC.
022 B000010 52-1348224
022 C000010 330
022 D000010 0
023 C000000 512161
023 D000000 9682
024 000000 N
025 D000001 0
025 D000002 0
025 D000003 0
025 D000004 0
025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 0
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
028 A010000 17126
028 A020000 0
028 A030000 0
028 A040000 18199
<PAGE> PAGE 4
028 B010000 22082
028 B020000 0
028 B030000 0
028 B040000 21439
028 C010000 13216
028 C020000 0
028 C030000 0
028 C040000 18487
028 D010000 9020
028 D020000 0
028 D030000 0
028 D040000 13991
028 E010000 7214
028 E020000 0
028 E030000 0
028 E040000 11938
028 F010000 5245
028 F020000 0
028 F030000 0
028 F040000 13444
028 G010000 73903
028 G020000 0
028 G030000 0
028 G040000 97498
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029 000000 N
030 A000000 0
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<PAGE> PAGE 5
045 000000 Y
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048 A020000 1.000
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048 K010000 0
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049 000000 N
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053 A000000 N
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054 D000000 N
054 E000000 N
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054 I000000 N
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<PAGE> PAGE 6
059 000000 Y
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070 E020000 N
070 F010000 N
070 F020000 N
070 G010000 N
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070 H010000 N
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070 J010000 Y
070 J020000 Y
070 K010000 Y
<PAGE> PAGE 7
070 K020000 N
070 L010000 Y
070 L020000 Y
070 M010000 Y
070 M020000 Y
070 N010000 N
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071 B000000 46796
071 C000000 147650
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072 R000000 13
072 S000000 10
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072 X000000 1242
072 Y000000 0
072 Z000000 -311
072AA000000 15436
072BB000000 2109
072CC010000 17833
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<PAGE> PAGE 8
072EE000000 0
073 A010000 0.0000
073 A020000 0.0000
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073 C000000 0.0000
074 A000000 2327
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074 C000000 1492
074 D000000 2169
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074 T000000 135234
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074 W000000 0.0000
074 X000000 10279
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075 A000000 0
075 B000000 156406
076 000000 0.00
077 A000000 N
078 000000 N
080 A000000 FEDERAL INSURANCE COMPANY
080 C000000 6450
081 A000000 Y
081 B000000 14
082 A000000 Y
082 B000000 25
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
<PAGE> PAGE 9
085 B000000 N
086 A010000 0
086 A020000 0
086 B010000 0
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SIGNATURE PETER CORNIOTES
TITLE ASSISTANT SECRETARY
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
The Schedule contains summary financial information extracted from semi-
annual financial statements dated June 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> JUN-30-1996
<INVESTMENTS-AT-COST> 115,078,958
<INVESTMENTS-AT-VALUE> 132,912,622
<RECEIVABLES> 818,406
<ASSETS-OTHER> 2,327,449
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 136,058,477
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 824,122
<TOTAL-LIABILITIES> 824,122
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 115,215,390
<SHARES-COMMON-STOCK> 18,683,589
<SHARES-COMMON-PRIOR> 21,750,338
<ACCUMULATED-NII-CURRENT> (311,185)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2,496,832
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 17,833,318
<NET-ASSETS> 135,234,355
<DIVIDEND-INCOME> 756,726
<INTEREST-INCOME> 208,370
<OTHER-INCOME> (33,904)
<EXPENSES-NET> 1,242,377
<NET-INVESTMENT-INCOME> (311,185)
<REALIZED-GAINS-CURRENT> 13,327,031
<APPREC-INCREASE-CURRENT> 10,034,974
<NET-CHANGE-FROM-OPS> 23,050,820
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 9,891,696
<NUMBER-OF-SHARES-REDEEMED> (12,958,445)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (23,595,127)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (10,830,199)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 643,912
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 0
<AVERAGE-NET-ASSETS> 156,405,820
<PER-SHARE-NAV-BEGIN> 6.24
<PER-SHARE-NII> (.02)
<PER-SHARE-GAIN-APPREC> 1.02
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 7.24
<EXPENSE-RATIO> 1.60
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>