<PAGE> PAGE 1
000 A000000 06/30/98
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 SECURITIES, INC.
020 B000001 13-2620737
020 C000001 22
020 A000002 DONALD & CO. SECURITIES, INC.
020 C000002 15
020 A000003 AUTRANET, INC.
020 B000003 13-2961507
020 C000003 14
020 A000004 JEFFRIES & CO., INC.
020 B000004 95-2622900
020 C000004 6
020 A000005 LIPPER ANALYTICAL SECURITIES CORP.
020 B000005 13-2792478
020 C000005 5
020 A000006 LOEWEN ONDAATJE MC CUTCHEON, LTD.
020 C000006 5
020 A000007 WOOD GUNDY CORP.
020 C000007 4
020 A000008 PRUDENTIAL BACHE SECURITIES
020 B000008 22-2347336
020 C000008 3
020 A000009 FLEMING MARTIN, INC.
020 B000009 13-3724403
020 C000009 3
020 A000010 J.B. WERE & SON, INC.
020 B000010 13-3077027
020 C000010 3
021 000000 98
022 A000001 LEHMAN BROTHERS, INC.
022 B000001 13-2518466
<PAGE> PAGE 3
022 C000001 229948
022 D000001 0
022 A000002 CHASE MANHATTAN BANK
022 C000002 6172
022 D000002 1216
022 A000003 CREDIT SUISSE FIRST BOSTON CORP.
022 C000003 0
022 D000003 2001
022 A000004 RBC DOMINION SECURITIES
022 B000004 13-5033225
022 C000004 1085
022 D000004 0
022 A000005 SCOTIA MC LEOD, INC.
022 B000005 13-5239583
022 C000005 516
022 D000005 0
022 A000006 GOLDMAN, SACHS & CO.
022 B000006 13-5108880
022 C000006 0
022 D000006 324
022 A000007 NESBITT BURNS SECURITIES, INC.
022 B000007 13-2620737
022 C000007 0
022 D000007 4
022 A000008 GOEPEL SHIELDS, INC.
022 C000008 0
022 D000008 1
022 C000009 0
022 D000009 0
022 C000010 0
022 D000010 0
023 C000000 237721
023 D000000 3546
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
<PAGE> PAGE 4
027 000000 Y
028 A010000 4843
028 A020000 0
028 A030000 0
028 A040000 3107
028 B010000 3249
028 B020000 0
028 B030000 0
028 B040000 2671
028 C010000 9095
028 C020000 0
028 C030000 0
028 C040000 5472
028 D010000 8833
028 D020000 0
028 D030000 0
028 D040000 9567
028 E010000 2658
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028 E040000 6045
028 F010000 2973
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028 F040000 1756
028 G010000 31651
028 G020000 0
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028 G040000 28618
028 H000000 0
029 000000 N
030 A000000 0
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030 C000000 0.00
031 A000000 0
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032 000000 0
033 000000 0
034 000000 N
035 000000 0
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039 000000 N
040 000000 Y
041 000000 Y
042 A000000 37
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<PAGE> PAGE 5
042 F000000 0
042 G000000 0
042 H000000 49
043 000000 28
044 000000 0
045 000000 Y
046 000000 N
047 000000 Y
048 000000 0.000
048 A010000 50000
048 A020000 1.000
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048 B020000 0.750
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048 F010000 0
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048 H010000 0
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048 J010000 0
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048 K010000 0
048 K020000 0.000
049 000000 N
050 000000 N
051 000000 N
052 000000 N
053 A000000 N
054 A000000 Y
054 B000000 N
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 Y
054 H000000 Y
054 I000000 N
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054 K000000 N
054 L000000 N
054 M000000 Y
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<PAGE> PAGE 6
055 A000000 N
055 B000000 N
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070 D020000 N
070 E010000 N
070 E020000 N
070 F010000 Y
070 F020000 N
070 G010000 N
070 G020000 N
070 H010000 Y
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<PAGE> PAGE 7
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 Y
070 K010000 Y
070 K020000 N
070 L010000 Y
070 L020000 Y
070 M010000 Y
070 M020000 Y
070 N010000 N
070 N020000 N
070 O010000 N
070 O020000 N
070 P010000 N
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 13363
071 B000000 11413
071 C000000 57391
071 D000000 40
072 A000000 6
072 B000000 73
072 C000000 521
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072 H000000 0
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072 J000000 17
072 K000000 0
072 L000000 29
072 M000000 9
072 N000000 16
072 O000000 0
072 P000000 0
072 Q000000 27
072 R000000 12
072 S000000 3
072 T000000 28
072 U000000 0
072 V000000 0
072 W000000 33
072 X000000 522
072 Y000000 0
072 Z000000 72
072AA000000 899
<PAGE> PAGE 8
072BB000000 7745
072CC010000 4305
072CC020000 0
072DD010000 0
072DD020000 0
072EE000000 0
073 A010000 0.0000
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 688
074 B000000 0
074 C000000 2000
074 D000000 371
074 E000000 0
074 F000000 43102
074 G000000 0
074 H000000 0
074 I000000 7560
074 J000000 0
074 K000000 0
074 L000000 722
074 M000000 0
074 N000000 54443
074 O000000 0
074 P000000 43
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 130
074 S000000 0
074 T000000 54270
074 U010000 17696
074 U020000 0
074 V010000 3.07
074 V020000 0.00
074 W000000 0.0000
074 X000000 8001
074 Y000000 0
075 A000000 0
075 B000000 59422
076 000000 0.00
077 A000000 N
078 000000 N
080 A000000 CHUBB GROUP OF INSURANCE COMPANIES
080 C000000 7375
081 A000000 Y
081 B000000 16
082 A000000 Y
082 B000000 25
<PAGE> PAGE 9
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
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, 1998 and is qualified
in its entirety by reference to such financial statements.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-END> JUN-30-1998
<INVESTMENTS-AT-COST> 82,216,339
<INVESTMENTS-AT-VALUE> 53,032,849
<RECEIVABLES> 721,479
<ASSETS-OTHER> 688,411
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 54,442,739
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 172,487
<TOTAL-LIABILITIES> 172,487
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 107,673,430
<SHARES-COMMON-STOCK> 17,696,011
<SHARES-COMMON-PRIOR> 17,555,767
<ACCUMULATED-NII-CURRENT> (865,770)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (23,351,638)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (29,185,770)
<NET-ASSETS> 54,270,252
<DIVIDEND-INCOME> 534,288
<INTEREST-INCOME> 72,534
<OTHER-INCOME> (13,345)
<EXPENSES-NET> 521,965
<NET-INVESTMENT-INCOME> 71,512
<REALIZED-GAINS-CURRENT> (6,845,781)
<APPREC-INCREASE-CURRENT> 4,304,910
<NET-CHANGE-FROM-OPS> (2,469,359)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 9,158,656
<NUMBER-OF-SHARES-REDEEMED> (8,064,471)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 3,032,518
<ACCUMULATED-NII-PRIOR> 1,995,328
<ACCUMULATED-GAINS-PRIOR> (9,711,610)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 282,956
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 521,965
<AVERAGE-NET-ASSETS> 59,422,486
<PER-SHARE-NAV-BEGIN> 3.24
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> (.18)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 3.07
<EXPENSE-RATIO> 1.77
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
