IDS PRECIOUS METALS FUND INC
497J, 1999-06-02
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June 2, 1999



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.



/s/ Leslie L. Ogg
    Leslie L. Ogg
    Vice President, General Counsel and Secretary

LLO/KB/ps



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