FRANKLIN/TEMPLETON GROUP OF FUNDS
777 Mariners Island Boulevard
San Mateo, California 94404
September 25, 1995
Filed Via EDGAR (CIK #0000083293)
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Rule 24f-2 Notice for Franklin Gold Fund
File No. 2-30761
Gentlemen:
Pursuant to Rule 24f-2 under the Investment Company Act of 1940,
Franklin Gold Fund (the "Fund") hereby files its Rule 24f-2
Notice for the fiscal year ended July 31, 1995 (the "Fiscal
Year"). As shown on the attached calculation, no registration fee
is payable.
At the beginning of the Fiscal Year, the Fund did not have any
shares of capital stock which had been registered under the
Securities Act of 1933 other than pursuant to Rule 24f-2, but
which remained unsold.
During the Fiscal Year, the Fund did not register shares of
capital stock other than pursuant to Rule 24f-2 and sold a total
of 25,021,392 shares. 1/ All of the Fund shares sold during the
Fiscal Year were sold in reliance upon the registration pursuant
to Rule 24f-2. Attached is an opinion of counsel indicating that
these securities were legally issued, fully paid and non-
assessable.
Sincerely yours,
FRANKLIN GOLD FUND
/s/ Larry L. Greene
Larry L. Greene
Assistant Secretary
cc: Jane Baggs
1/ Footnote to Rule 24f-2 Notice for Franklin Gold Fund
The calculation pursuant to subsection (c) of Rule 24f-2 of the fee in
connection with the shares sold in reliance upon Rule 24f-2 is as
follows:
Aggregate sales price of
securities
sold in reliance upon Rule 24f-2
during Fiscal Year $372,052,452
Less: the difference between:
(1) the aggregate redemption/
repurchase price of Fund
shares redeemed or repur-
chased during the Fiscal
Year and $408,183,811*
(2) the aggregate redemption/
repurchase price of Fund
shares redeemed or repur-
chased during the Fiscal
Year and previously applied
pursuant to Rule 24e-2(a)
in filings made pursuant to
Section 24(e) (1) of the
Investment Company Act of
1940 -0- $408,183,811
Aggregate sales price on which fee
will be based $ 0
Divided by:
Rate of fee pursuant to Section
6(b)
of Securities Act of 1933 2900
Fee payable $ 0
* of which $372,052,452 is being applied to offset sales.
Stradley Ronon Stevens & Young
2600 One Commerce Square
Philadelphia, Pennsylvania 19103-7098
Direct Dial:
(215) 564-8101
September 21, 1995
Franklin Gold Fund
777 Mariners Island Boulevard
San Mateo, CA 94404
Re: FRANKLIN GOLD FUND
Gentlemen:
You have requested our opinion with respect to the
shares of common stock sold by Franklin Gold Fund (the "Fund")
during its fiscal year ended July 31, 1995, in connection with
the Notice being filed by the Fund pursuant to Rule 24f-2 under
the Investment Company Act of 1940. You have represented that a
total of 25,021,392 shares were sold by the Fund during said
fiscal year, and all of such shares were sold in reliance upon
Rule 24f-2.
Based upon our review of such records, documents, and
representations as we have deemed relevant, it is our opinion
that the shares of common stock of the Fund sold and issued by
the Fund during its fiscal year ended July 31, 1995, in reliance
upon the registration under the Securities Act of 1933 pursuant
to Rule 24f-2 under the Investment Company Act of 1940, as
amended were legally issued, fully paid and non-assessable.
We hereby consent to the filing of this opinion as an
exhibit to the "Rule 24f-2 Notice" being filed by the Fund,
covering the registration of the said shares under the Securities
Act and the applications and registration statements, and
amendments thereto, filed in accordance with the securities laws
of the various states in which shares of the Fund are offered,
and we further consent to reference in the Prospectus of the Fund
to the fact that this opinion concerning the legality of the
issue has been rendered by us.
Very truly yours,
STRADLEY, RONON, STEVENS & YOUNG
By:/s/ Audrey C. Talley
Audrey C. Talley
ACT/pj
