<SEC-DOCUMENT>0000950123-11-008782.txt : 20110502
<SEC-HEADER>0000950123-11-008782.hdr.sgml : 20110502
<ACCEPTANCE-DATETIME>20110203171750
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ACCESSION NUMBER:		0000950123-11-008782
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20110203

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Gabelli Global Gold, Natural Resources & Income Trust
		CENTRAL INDEX KEY:			0001313510
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		ONE CORPORATE CENTER
		CITY:			RYE
		STATE:			NY
		ZIP:			10580-1422
		BUSINESS PHONE:		800.422.3554

	MAIL ADDRESS:	
		STREET 1:		ONE CORPORATE CENTER
		CITY:			RYE
		STATE:			NY
		ZIP:			10580-1422

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Gabelli Gold, Natural Resources & Income Trust
		DATE OF NAME CHANGE:	20050105
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<DIV align="center" style="font-size: 14pt; margin-top: 18pt"><FONT style="FONT-variant: SMALL-CAPS">Skadden, Arps, Slate, Meagher &#038; Flom llp</FONT>
</DIV>

<DIV align="center" style="font-size: 12pt">FOUR TIMES SQUARE<BR>
NEW YORK 10036-6522</DIV>


<DIV align="center" style="font-size: 10pt"><DIV align="center"><DIV style="FONT-size: 3pt; margin-top: 3pt; width: 5%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 3pt">(212)&nbsp;735-3000<BR>
Fax: (212)&nbsp;735-2000<BR>
http://www.skadden.com</DIV>



<DIV align="left" style="font-size: 8pt; margin-top: 6pt">DIRECT DIAL<BR>
212-735-2262

</DIV>

<DIV align="left" style="font-size: 8pt; margin-top: 6pt">EMAIL ADDRESS<BR>
Rose.Park@SKADDEN.COM

</DIV>

<DIV align="right" style="font-size: 10pt; margin-top: 12pt">February&nbsp;3, 2011
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><U>VIA EDGAR</U><BR>
Ms.&nbsp;Laura E. Hatch<BR>
Staff Accountant<BR>
Division of Investment Management<BR>
Securities and Exchange Commission<BR>
Washington, D.C. 20549

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    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">RE:</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><U>The Gabelli Global Gold, Natural Resources &#038; Income Trust</U><BR>
<U>(File Nos. 333-170691; 811-21698)</U></TD>
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<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Dear Ms.&nbsp;Hatch:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Gabelli Global Gold, Natural Resources &#038; Income Trust (the &#147;<U>Fund</U>&#148;) has authorized
us to make the following responses to the comments in your letter dated December&nbsp;8, 2010 to its
Registration Statement on Form N-2 (the &#147;<U>Registration Statement</U>&#148;), and to your follow-up
comment regarding Item&nbsp;No.&nbsp;3 in such letter provided to us via telephone on February&nbsp;1, 2011 and
February&nbsp;3, 2011. Your comment is set forth below in bold font and our response follows such
comment.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><U><B>Response Letter</B></U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><U><B>Summary of Fund Expenses</B></U>
</DIV>


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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>3.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Please add the following lines, and estimated amounts, at the end of the annual
expenses table: (1)&nbsp;Dividends on preferred shares, and (2)&nbsp;Total annual fund operating
expenses and dividends on preferred shares. In addition, please confirm</B></TD>
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    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>to the staff whether or not the Fund may issue additional preferred shares or debt
securities in the next year. If so, please add the estimated amount of the dividends on the
additional preferred shares to the line items mentioned above and also include the estimated
amounts of costs to the fee table (such as offering costs).</B></TD>
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<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The annual expenses table has been revised accordingly.</TD>
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</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on current market conditions, the Fund has no plans to issue debt securities in the
next year. The Fund may issue up to $100&nbsp;million in additional preferred shares in the next
year. The estimated amount of the dividends on such additional preferred shares have been added
to the newly added line items in the expenses table and the estimated amounts of costs
associated with any such issuance have also been added to the expenses table.
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If you have any questions or comments or require any additional information in connection with
the Registration Statement, please telephone me at (212)&nbsp;735-2262 or Richard Prins at (212)
735-2790.
</DIV>
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    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Sincerely,
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
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    <TD align="left" valign="top">&nbsp;</TD>
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    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Rose Park, Esq.</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
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    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
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    <TD>&nbsp;</TD>
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