Exhibit (b)

                                CERTIFICATIONS




                CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350
                       AS ADOPTED PURSUANT TO SECTION 906
                        OF THE SARBANES-OXLEY ACT OF 2002

I, Jimmy D. Gambill, Chief Executive Officer of the FRANKLIN GOLD AND PRECIOUS
METALS FUND (the "Registrant"), certify, pursuant to 18 U.S.C. Section 1350 as
adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to my
knowledge:

     1.   The periodic report on Form N-CSR of the Registrant for the period
          ended 7/31/2007 (the "Form N-CSR") fully complies with the
          requirements of Section 13(a) or 15(d) of the Securities Exchange Act
          of 1934; and

     2.   The information contained in the Form N-CSR fairly presents, in all
          material respects, the financial condition and results of operations
          of the Registrant.

Dated:  09/27/07

                            /s/ JIMMY D. GAMBILL

                            Jimmy D. Gambill
                            Chief Executive Officer - Finance and Administration










                CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350
                       AS ADOPTED PURSUANT TO SECTION 906
                        OF THE SARBANES-OXLEY ACT OF 2002

I, Galen G. Vetter, Chief Financial Officer of the FRANKLIN GOLD AND PRECIOUS
METALS FUND (the "Registrant"), certify, pursuant to 18 U.S.C. Section 1350 as
adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to my
knowledge:

     1.   The periodic report on Form N-CSR of the Registrant for the period
          ended 7/31/2007 (the "Form N-CSR") fully complies with the
          requirements of Section 13(a) or 15(d) of the Securities Exchange Act
          of 1934; and

     2.   The information contained in the Form N-CSR fairly presents, in all
          material respects, the financial condition and results of operations
          of the Registrant.

Dated:  09/27/07

                                    /s/ GALEN G. VETTER

                                    Galen G. Vetter
                                    Chief Financial Officer