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<PAGE> PAGE 2
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013 B010001 KANSAS CITY
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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SIGNATURE THEODORE W. HOWARD
TITLE V.P. & TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE SEMIANNUAL REPORT
TO SHAREHOLDERS DATED JUNE 30, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000764842
<NAME> UNITED GOLD & GOVERNMENT FUND, INC.
<S> <C>
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<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> JUN-30-1996
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<INVESTMENTS-AT-VALUE> 33,285,784
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<OTHER-ITEMS-ASSETS> 3,737
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<TOTAL-LIABILITIES> 178,734
<SENIOR-EQUITY> 3,639,527
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</TABLE>
