The possibility of preconcentrating vanadium, chromium, copper, and nickel by the simultaneous adsorption in a flow-through mode on a two-layer adsorbent and the determination of metal ions by diffuse reflectance spectroscopy was studied. The adsorbent was made of a polyacrylonitrile fiber, one layer of which was filled with an AV-17 anion exchanger (PANV-AV-17), while another layer, with a KU-2 cation exchanger (PANV-KU-2). The procedure was based on the simultaneous preconcentration of vanadium and chromium on the first disk and nickel and copper on the second disk, by pumping the analyzed solution through both disks in a flow-through cell. Then, vanadium was determined on the disk of PANV-AV-17 with 8-hydroxyquinoline-5-sulfonic acid in 0.1 M HCl; next, chromium was determined with 1,5-diphenylcarbazide; the complex of vanadium was decomposed by 0.5 M H2SO4 and ascorbic acid. In the PANV-KU-2 disk, nickel was determined with dimethylglyoxime and then copper was analyzed with sodium diethyldithiocarbamate; the complex of nickel was decomposed with 1 M HCl. The selectivity factors were determined. A procedure was developed for the dynamic adsorption-spectroscopic determination of the following elements present simultaneously (μg/mL): V, 0.01–0.05; Cr, 0.002–0.015; Ni, 0.02–0.10; and Cu, 0.02–0.15. The results of analysis of model solutions are presented for different component ratios, RSD < 20%.