CONSENT OF INDEPENDENT AUDITORS
We consent to the incorporation by reference in Post-Effective Amendment No.
52 to the Registration Statement of Franklin Gold and Precious Metals Fund on
Form N-1A, File No. 2-30761, of our report dated September 11, 2000, on our
audit of the financial statements and financial highlights of Franklin Gold
and Precious Metals Fund, which report is included in the Annual Report to
Shareholders for the year ended July 31, 2000, filed with the Securities and
Exchange Commission pursuant to section 30(d) of the Investment Company Act
of 1940, which is incorporated by reference in the Registration Statement. We
also consent to the reference to our firm under the captions "Financial
Highlights" and "Auditor."
/s/ PricewaterhouseCoopers LLP
San Francisco, California
November 28, 2000
