OPPENHEIMER GOLD & SPECIAL MINERALS FUND
24F-2NT, 1994-08-30
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Rule 24f-2 Notice for Oppenheimer Gold & Special Minerals Fund

Two World Trade Center, New York, New York  10048-0203

(Registration No. 2-82590, File No. 811-3694)


     NOTICE IS HEREBY GIVEN that Oppenheimer Gold & Special Minerals Fund
having previously filed by post-effective amendment of its registration
statement a declaration that an indefinite number of its securities were
being registered pursuant to Rule 24f-2 of the Investment Company Act of
1940, now elects to continue such indefinite registration.

     (i)    This Notice is being filed for the fiscal year ended June 30,
            1994.

     (ii)   2,087,826 shares which had been registered other than pursuant
            to this Rule remained unsold at the beginning of the above
            fiscal year.

     (iii)  No shares were registered other than pursuant to this Rule
            during the above fiscal year.

     (iv)   The number of shares sold during the above fiscal year was
            16,319,300 (1).

     (v)    15,798,058 shares were sold during the above fiscal year in
            reliance upon registration pursuant to this Rule.

     Pursuant to the requirements of the Investment Company Act of 1940,
the undersigned registrant has caused this notice to be signed on its
behalf this 29th day of August, 1994.

                     Oppenheimer Gold & Special Minerals Fund



                     By _____________________________________
                         Robert G. Zack, Assistant Secretary


- - --------------------
[FN]
(1) The calculation of the aggregate sales price is made pursuant to Rule
24f-2 of the Investment Company Act of 1940.  Based upon an actual
aggregate sales price for which such securities were sold during the
previous fiscal year of $219,964,834, reduced by an actual redemption
price of securities of the issuer redeemed during such previous fiscal
year of $211,357,773 and using 521,242 shares previously registered valued
at $8,607,061, no filing fee is payable.  Shares previously registered
remaining unsold at June 30, 1994 total 1,566,584.



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               GORDON ALTMAN BUTOWSKY WEITZEN SHALOV & WEIN
                           114 West 47th Street
                            New York, NY  10036
                           Tel. No. 212-626-0800





                               August 29, 1994






Oppenheimer Gold & Special Minerals Fund
Two World Trade Center
New York, New York  10048-0203

Ladies and Gentlemen:

          In connection with the public offering of shares of beneficial
interest, no par value, of Oppenheimer Gold & Special Minerals Fund (the
"Fund"), we have examined such records and documents and have made such
further investigation and examination as we deemed necessary for the
purpose of this opinion.

          It is our opinion that the shares the registration of which is
made definite by the accompanying Rule 24f-2 Notice of the Fund were
legally issued, fully paid and non-assessable by the Fund to the extent
set forth in its Prospectus forming part of its Registration Statement
under the Securities Act of 1933, as amended.

          We hereby consent to the filing of this opinion with said
Notice.

                          Very truly yours,


                          Gordon Altman Butowsky
                          Weitzen Shalov & Wein



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