June 30, 2000
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549-1004
ATTN: Ms. Patsy Mengiste, Document Control - EDGAR
Re: AXP 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,
AXP PRECIOUS METALS FUND, INC.
/s/ Leslie L. Ogg
Leslie L. Ogg
Vice President, General Counsel and Secretary
LLO/KW/ps
