How to fix this error?

You have your parenthesis for closing the event connection on line 12 in the wrong place. You should have the closing parenthesis after the second to last end of your script. You are putting it on the last end where the for loop ends.

Overall, your script should look like this:

gather = game.ServerStorage.GearStorage:GetChildren()
scroll = script.Parent.ScrollingFrame
player = script.Parent.Parent.Parent


for i,v in pairs(gather) do
    local frame = script.Template:Clone()
    frame.Name = v.Value
    frame.Parent = scroll
    frame.Position = frame.Position + UDim2.new(0,0,0,35*i)
    frame.ItemName.Text = v.Value.." | "..v.Price.Value
    frame.Purchase.MouseButton1Click:connect(function(c)
        if player.globalstats.Points.Value < v.Price.Value then
            print(player.Name.." can not afford "..v.Value.."")
        else
            player.globalstats.Points.Value = player.globalstats.Points.Value - v.Price.Value
            local tool = v.Tool:Clone()
            tool.Parent = player.Backpack
            tool.Name = v.Value 
        end
    end) --Closing parenthesis here to close the event connection on line 12.
end

I hope my answer helped you. If it did, be sure to accept it.