Precious metals are among the most coveted materials in the world. Not only are they beautiful to look at, but they also have a variety of applications in industry.
If you’re looking for a career that pays well and offers job security, then working in the precious metals industry may be right for you!
In this article, we will take a look at the 10 best paying jobs in precious metals. We’ll also discuss the qualifications and skills needed for each position.
Highest Paying Jobs in Precious Metals Industry
Average base salary: $45,648 per year
A goldsmith is a craftsman who creates beautiful objects out of gold.
They must be skilled in both design and execution, as they are responsible for creating one-of-a-kind pieces of jewellery.
Precious Metal Broker
Average base salary: $149,872 per year
A precious metal broker is responsible for buying and selling precious metals on behalf of their clients.
They must have a strong understanding of the market, as well as the ability to negotiate deals.
Quality Control Specialist
Average base salary: $62, 309 per year
A precious metal quality control specialist must have knowledge of the properties of these materials.
Their duties include testing and evaluating precious metals products, repairs, identifying product defects, and making necessary repairs.
Jewelry and Coin Specialist
Average base salary: $59,310 per year
A jewelry and coin specialist is responsible for appraising and buying precious metals, such as gold, silver, and platinum.
They must have knowledge of the history of these materials, as well as their current market value.
Metals Production Specialist
Average base salary: $68,689 per year
A metals production specialist is responsible for overseeing the production of precious metals products.
Their duties include supervising workers, monitoring equipment, and ensuring that products meet quality standards.
Precious Metal Worker
Average base salary: $50,000-70,000 per year
Precious metal workers are responsible for a variety of tasks, such as mining, smelting, and refining precious metals.
They must have experience working with heavy machinery and be able to safely handle these materials.
Precious Metals Advisor Consultant
Average base salary: $80.941 per year
A precious metals advisor consultant provides advice to clients on investing in precious metals.
They must have knowledge of the different types of precious metals, as well as the market conditions. Soft skills are also required.
Average base salary: $76,928 per year
A jewelry salesperson is responsible for selling precious metal jewelry to customers.
They must understand the different types of metals as well as the quality of the jewelry. Salespersons are also must be able to negotiate and be friendly.
Precious Metal Analyst
Average base salary: $84,997 per year
The precious metals analyst is responsible for researching and analyzing precious metals.
They must have knowledge of the different types of precious metals as well as their properties. In addition, their responsibility is to be able to interpret data and make recommendations.
Average base salary: $50,118 per year
Gemologists are responsible for the properties identification, classification and identification of different types of gemstones.
They can confirm or deny the authenticity of gemstones and metals.
What are Precious Metals?
Precious metals are chemical elements that are rare and have a high economic value. Gold, silver, and platinum are all examples of precious metals.
These materials are used in a variety of industries, including jewellery making, electronics manufacturing, and currency production. Precious metals are also often used as investment vehicles, due to their high value and limited supply.
What are the Best Paying Jobs in Precious Metals?
The best paying jobs in precious metals vary depending on the field of work. For example, those who work in gold mining often earn high wages, as gold is one of the most valuable precious metals.
Other well-paid positions include jewellers and gemologists, who create beautiful pieces of jewellery from precious metals.
Qualifications and Skills Needed
The qualifications and skills needed to work in precious metals depend on the position. For example, those who work in gold mining must have a high school diploma or equivalent, as well as experience working with heavy machinery. On the other hand, jewellers and gemologists often need to have a degree in jewellery design or a related field.