IDS PRECIOUS METALS FUND INC, 497J, 1996-05-31

IDS PRECIOUS METALS FUND INC
497J, 1996-05-31

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May 31, 1996



Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549-1004

ATTN:  Ms. Patsy Mengiste, Document Control - EDGAR

Re:  IDS Precious Metals Fund, Inc.
     File No. 2-93745/811-4132

Dear Ms. Mengiste:

Registrant certifies that the form of prospectus and Statement of
Additional that would have been filed under paragraph (c) of Rule
497 would not have differed from that contained in the most recent
Registration Statement or Amendment, and the text of the most
recent Registration Statment or Amendment has been filed
electronically.

Sincerely,

IDS PRECIOUS METALS FUND, INC.



Leslie L. Ogg
Vice President, General Counsel and Secretary

LLO/KW/rdh