IDS PRECIOUS METALS FUND INC
NSAR-B, 1996-05-29
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<PAGE>      PAGE  1
000 B000000 03/31/96
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001 A000000 IDS PRECIOUS METALS FUND, INC.
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014 A00AA01 AMERICAN EXPRESS FINANCIAL CORPORATION
014 B00AA01 8-31250
014 A00AA02 AMERICAN EXPRESS FINANCIAL ADVISORS INC.
014 B00AA02 8-16791
014 A00AA03 IDS LIFE INSURANCE COMPANY
014 B00AA03 8-14124
014 A00AA04 IDS SECURITIES CORPORATION
014 B00AA04 8-12550
014 A00AA05 AMERICAN EXPRESS SEVICE CORPORATION
014 B00AA05 8-27456
014 A00AA06 AMERICAN ENTERPRISE INVESTMENT SERVICES INC.
014 B00AA06 8-42582
014 A00AA07 DELETE
020 A000001 BURNS FRY, INC.
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020 A000002 J.B. WERE & SONS INC.
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020 A000006 LOEWEN, ONDAATJE MCCUTCHEN & CO.
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SIGNATURE   LESLIE L. OGG                                
TITLE       VICE PRESIDENT      
 


<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 1
   <NAME> IDS PRECIOUS METALS CLASS A
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          MAR-31-1996
<PERIOD-END>                               MAR-31-1996
<INVESTMENTS-AT-COST>                         70254629
<INVESTMENTS-AT-VALUE>                       110473509
<RECEIVABLES>                                   144121
<ASSETS-OTHER>                                 6814838
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               117432468
<PAYABLE-FOR-SECURITIES>                        954374
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                     11986356
<TOTAL-LIABILITIES>                           12940730
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      71915354
<SHARES-COMMON-STOCK>                          7350968
<SHARES-COMMON-PRIOR>                          9004216
<ACCUMULATED-NII-CURRENT>                          700
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (7642496)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      40218180
<NET-ASSETS>                                 104491738
<DIVIDEND-INCOME>                               515024
<INTEREST-INCOME>                               268438
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (1288314)
<NET-INVESTMENT-INCOME>                       (504852)
<REALIZED-GAINS-CURRENT>                      17556494
<APPREC-INCREASE-CURRENT>                     28256105
<NET-CHANGE-FROM-OPS>                         45307747
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      (63093)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       11145976
<NUMBER-OF-SHARES-REDEEMED>                 (12805371)
<SHARES-REINVESTED>                               6147
<NET-CHANGE-IN-ASSETS>                        32511619
<ACCUMULATED-NII-PRIOR>                         216565
<ACCUMULATED-GAINS-PRIOR>                       280391
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            12854
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                1288314
<AVERAGE-NET-ASSETS>                          77373554
<PER-SHARE-NAV-BEGIN>                             7.99
<PER-SHARE-NII>                                  (.05)
<PER-SHARE-GAIN-APPREC>                           5.82
<PER-SHARE-DIVIDEND>                             (.01)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              13.76
<EXPENSE-RATIO>                                   1.65
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 2
   <NAME> IDS PRECIOUS METALS CLASS B
       
<S>                             <C>
<PERIOD-TYPE>                   OTHER
<FISCAL-YEAR-END>                          MAR-31-1996
<PERIOD-END>                               MAR-31-1996
<INVESTMENTS-AT-COST>                         70254629
<INVESTMENTS-AT-VALUE>                       110473509
<RECEIVABLES>                                   144121
<ASSETS-OTHER>                                 6814838
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               117432468
<PAYABLE-FOR-SECURITIES>                        954374
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                     11986356
<TOTAL-LIABILITIES>                           12940730
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      71915354
<SHARES-COMMON-STOCK>                           247587
<SHARES-COMMON-PRIOR>                             5190
<ACCUMULATED-NII-CURRENT>                          700
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (7642496)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      40218180
<NET-ASSETS>                                 104491738
<DIVIDEND-INCOME>                               515024
<INTEREST-INCOME>                               268438
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (1288314)
<NET-INVESTMENT-INCOME>                       (504852)
<REALIZED-GAINS-CURRENT>                      17556494
<APPREC-INCREASE-CURRENT>                     28256105
<NET-CHANGE-FROM-OPS>                         45307747
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      (63093)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         478047
<NUMBER-OF-SHARES-REDEEMED>                   (235650)
<SHARES-REINVESTED>                               6147
<NET-CHANGE-IN-ASSETS>                        32511619
<ACCUMULATED-NII-PRIOR>                         216565
<ACCUMULATED-GAINS-PRIOR>                       280391
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            12854
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                1288314
<AVERAGE-NET-ASSETS>                           1033645
<PER-SHARE-NAV-BEGIN>                             7.99
<PER-SHARE-NII>                                  (.09)
<PER-SHARE-GAIN-APPREC>                           5.75
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              13.65
<EXPENSE-RATIO>                                   2.31
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 3
   <NAME> IDS PRECIOUS METALS CLASS Y
       
<S>                             <C>
<PERIOD-TYPE>                   OTHER
<FISCAL-YEAR-END>                          MAR-31-1996
<PERIOD-END>                               MAR-31-1996
<INVESTMENTS-AT-COST>                         70254629
<INVESTMENTS-AT-VALUE>                       110473509
<RECEIVABLES>                                   144121
<ASSETS-OTHER>                                 6814838
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               117432468
<PAYABLE-FOR-SECURITIES>                        954374
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                     11986356
<TOTAL-LIABILITIES>                           12940730
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      71915354
<SHARES-COMMON-STOCK>                              123
<SHARES-COMMON-PRIOR>                                3
<ACCUMULATED-NII-CURRENT>                          700
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (7642496)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      40218180
<NET-ASSETS>                                 104491738
<DIVIDEND-INCOME>                               515024
<INTEREST-INCOME>                               268438
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (1288314)
<NET-INVESTMENT-INCOME>                       (504852)
<REALIZED-GAINS-CURRENT>                      17556494
<APPREC-INCREASE-CURRENT>                     28256105
<NET-CHANGE-FROM-OPS>                         45307747
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            120
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        32511619
<ACCUMULATED-NII-PRIOR>                         216565
<ACCUMULATED-GAINS-PRIOR>                       280391
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            12854
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                1288314
<AVERAGE-NET-ASSETS>                              1153
<PER-SHARE-NAV-BEGIN>                             7.99
<PER-SHARE-NII>                                  (.04)
<PER-SHARE-GAIN-APPREC>                           5.81
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              13.76
<EXPENSE-RATIO>                                   1.39
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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