The Best Paying Jobs in Precious Metals [2023]

Are you thinking about a career in the field of precious metals? This is among the careers that a lot of people don’t think about until they’ve got a genuine love for the field. The precious metals sector can provide you with a rewarding job that is rewarding and involving precious metals and gemstones.

What you may not be aware of is that jobs in the field of precious metals can be lucrative, provide you with opportunities and make you well-known within the workplace.

A job that pays well in the field of precious metals can be competitive. Imagine this that you’re selling your company on a significant investment in your career, therefore you must do all you can to give yourself an edge. Making a small investment to hire an expert resume writing service polish your resume may give you that edge you’re looking for. Take a look at our guide to the top resume writing services and start today.

If you’re looking to get an opportunity in the field of precious metals, begin your search with ZipRecruiter. ZipRecruiter is completely free for job seekers, and you can submit applications to positions with just a click!

What Are Precious Metals?

Precious metals are extracted from mines and employed in jewelry making and other fields, for profits. These are the metals:

  • Gold
  • Silver
  • Platinum
  • Gemstones like diamonds

Other precious metals that are mined and used in industrial use include iridium and palladium.

The industry of precious metals is concerned with the discovery and extraction of metals and mineral reserves around the world. Metals like silver and gold and many others are found in the natural world. They’re not produced in industrial facilities or manufactured, which is why they are valuable and thought to be rare.

Precious metals have been utilized to power the world economy for a long time. They are used in the manufacture of jewelry, industrial components and equipment, as well as investment and were once utilized to exchange currency all over the world.

The careers in precious metals are a part of the business and encompass a variety of jobs including advisors and jewelers to salespeople and jewelers. There are a lot of opportunities in this field of work, and there is an entry barrier that is low for a variety of jobs.

It’s a career in which anyone can get involved in. It’s likely that a lot of the jobs included in this roundup are suitable for people who don’t have college degrees or prior experience. There are also positions for workers with experience who have a college degree and work experience in the industry.

10 Of The Best Paying Jobs in Precious Metals

1. PRECIOUS METALS WORKER

Median National Salary:$46,640/year

Education Requirements:High school diploma

Number of Jobs:45,800 in 2020

Job Growth 2020 – 2030:1%

Job duties:The job duties of an employee of precious metals include:

  • Jewelry design and creation
  • Repairing, building, or appraise jewelry

A person who works in precious metals can work one-on-one using precious metal and gemstones. This could include the design, manufacture and repair. As a specialist in this area, you can also appraise and value of jewelry items.

2. JEWELRY SALESPERSON

Median National Salary:$29,180/year

Education Requirements:High school diploma

Number of Jobs:4,125,700 in 2020

Job Growth 2020 – 2030:0%

Job Descriptions:The job duties of jewelry salespersons are to:

  • Sell your jewelry to customers
  • Answer customer questions/inquiries

A jewelry salesperson works in a store selling jewelry working with customers in order to provide services and also sell jewelry. Customers may be assisted by showing different jewelry pieces, responding to inquiries and questions, managing regular retail transactions, handling the return of purchases, as well as processing returns as well as exchanges.

3. GOLDSMITH

Median National Salary:$46,640/year

Education Requirement:High school diploma

Number of Jobs:45,800 in 2020

Job Growth 2020 – 2030:1%

Job Description:The job duties of the precious metals worker are creating and designing gold jewelry.

You’ll work in a store or a repair shop for jewelry setting and handling gold as well as other precious metal items. The work you do could include the engraving of pieces made from gold or setting them into jewellery like earrings or rings as well as sizing jewelry items and making modifications to jewellery.

4. GEMOLOGIST

Median National Salary:$83,680/year

Education Required: Bachelor’s degree

Number of Jobs:24,900 in 2020

Job Growth 2020 – 2030:5%

Job Descriptions:The job duties of gemologists include:

  • Examining and identifying gems
  • Recutting and repairing gemstones

5. LAPIDARY

Median National Salary:$46,640/year

Education Requirements:High school diploma

Number of Jobs:45,800 in 2020

Job Growth 2020 – 2030:1%

Job Description:The job duties of lapidary are cutting polishing, cutting, as well as engraving gems.

Lapidaries shape stones into a design. They use tools that can help you cut shapes, carve and cut precious stones.

6. JEWELER

Median National Salary:$46,640/year

Education Requirements:High school diploma

Number of Jobs:45,800 in 2020

Job Growth 2020 – 2030:1%

Job Descriptions:The job duties of jewelers are:

  • Designing and creating jewelry such as earrings bracelets, rings, etc.
  • Cleaning or adjusting jewelry pieces

The term “jeweler” refers to a skilled craftsman who makes jewelry. It involves creating and designing jewelry items like necklaces, rings and other. It is also possible to clean and repair jewelry pieces perform studies and analyses, and offer jewelry valuation services.

7. JEWELRY DESIGNER

Median National Salary:$77,450/year

Education Required: Bachelor’s degree

Number of Jobs:22,400 in 2020

Job Growth 2020 – 2030:3%

Job Description:Jewelry designers have job tasks that include designing jewelry pieces.

Jewelry designers are the creators behind the jewelry design. Imagine this as a fashion designer, but for jewelry items. You’ll design patterns for jewelry items like bracelets, rings, etc. Create a prototyping of the jewelry piece and test it to determine wear.

8. PRECIOUS METALS ANALYST

Median National Salary:$82,360/year

Education Required: Bachelor’s degree

Number of Jobs:104,200 in 2020

Job Growth 2020 – 2030:23%

Job Descriptions:Precious metals analysts have the following job responsibilities:

  • Study the precious metals market

Analysts of precious metals are the market experts in the industry of precious metals. They study market and research factors to predict the future direction of the market for the foreseeable future.

9. JEWELRY AND COIN SPECIALIST

Median National Salary:$46,640/year

Education Requirements:High school diploma

Number of Jobs:45,800 in 2020

Job Growth 2020 – 2030:1%

Job duties:The job duties of an expert in the field of jewelry and coins comprise:

  • Inspecting jewelry to determine its value
  • Examining jewelry and collecting items

Coin and jewelry specialists are specialists in the world of jewelry. They usually inspect and evaluate jewelry items, including testing jewelry as well as examining rare and valuable items.

10. PRECIOUS METALS ADVISOR

Median National Salary:$82,360/year

Education Required: Bachelor’s degree

Number of Jobs:104,200 in 2020

Job Growth 2020 – 2030:23%

Job Descriptions:The job duties of an advisor to precious metals include:

  • Offering advisory services for precious metals
  • Assist clients in helping decide on the ideal time for buying and selling

A precious metals expert provides professional advice regarding the industry of precious metals. Their objective is to tell clients on whether to invest or sell their market for precious metals. They will look at the timing of markets and direction, as well as position as well as other variables to help clients decide the best time to buy or sell.

Requirements And Skills To Work In Precious Metals

If you’re interested in working on precious metals you should consider possessing soft skills such as these:

  • Skills for communication: The ability to effectively communicate skills is a necessary for any profession. The careers in the field of precious metals requires you to interact with other people regardless of whether they are coworkers or clients. Being competent in communicating is an essential skill to possess.
  • Work ethics: Having a strong work ethic is a sign that you’re a committed worker. You’re punctual, deadline-driven and you prioritize your work.
  • Organization and time-management abilities: Balancing your day to prioritize your work and finish your work requires taking care of your time and being organized.

How Do You Get A Good-Paying Job In Precious Metals?

Finding a lucrative job in the field of precious metals can be accomplished with the right mix of experience and skills at your disposal. The process for finding a job starts by submitting your résumé.

Here are a few of the top resume writing services you could consider if you want professional help in creating your resume to attach with your application for employment.

Where To Find The Best-Paying Jobs In Precious Metals

It is possible to find the highest-paying precious metals-related jobs on websites for job searching, such as:

ZIPRECRUITER

ZipRecruiter is among the most popular job search sites on the internet. It is the ultimate job search source for positions in the field of the field of precious metals (and other sectors) in addition to researching salary and reviewing the work experience of job seekers.

GLASSDOOR

Glassdoor is a job resource to find and apply to jobs on the internet. It lets you research companies, read the latest and past employee reviews, study the salaries of employees, and more.

INDEED

Indeed is an easy to use job search site that you can utilize to search for opportunities in precious metals and various other fields. Find jobs using keywords and location, then apply for positions that are of interest to you.

The Bottom Line

The industry of precious metals is flourishing, and forecast to grow to 9% until 2027. There are a variety of jobs in this field to explore that will give satisfaction and enjoyment in your job. If you’re interested in industry’s behind-the-scenes metrics, or you enjoy working with individuals one-on-one to identify their preferred jewelry item, there could be a job for you in this industry.

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