PILGRIM GOLD FUND INC
485APOS, EX-99.J.2, 2000-12-22
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                                                                  Exhibit (j)(2)


December 21, 2000


Pilgrim Gold Fund, Inc.
7337 East Doubletree Ranch Road
Scottsdale, Arizona  85258-2034

Re:  Pilgrim Gold Fund, Inc.
     (File Nos. 2-72428 and 811-2881)


Dear Sirs:

We hereby consent to all references to our firm in Post-Effective  Amendment No.
26 to the  Registration  Statement  of Pilgrim  Gold Fund,  Inc.  In giving such
consent,  however,  we do not admit that we are within the  category  of persons
whose  consent  is  required  by  Section 7 of the  Securities  Act of 1933,  as
amended, and the rules and regulations thereunder.

Very truly yours,

/s/ Dechert


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