Thursday, December 1, 2022
HomeNews12 Best Paying Jobs in Precious Metals 2022 (Up To $170K)

12 Best Paying Jobs in Precious Metals 2022 (Up To $170K)

All of us dream a couple of high-paying job in an industry we’re keen about. If the dear metals industry is your field of experience, then you definitely’ll have both a satisfying and well-paid job. The valuable metals industry offers a terrific khuyễn mãi giảm giá of high-paying opportunities. You only have to contemplate every possibility within the labor market, before choosing the best one.

The valuable metals industry is successful because of the high demand for precious metals in current markets.

Gold, platinum, and silver are only a few of the dear metals in high demand, not only within the US, but all internationally. This fact alone enables you to construct a long-lasting career with many benefits within the lucrative industry of precious metals.

Still, the question remains, what are the most effective paying jobs in precious metals? This text is here to present you the reply and all the required details for a career in the dear metals industry that suits your talents. Read on to seek out out what precious metals are, and learn more about the most effective paying jobs in precious metals.

What are Precious Metals?

We’re all accustomed to the fundamental precious metals. But, besides gold, platinum, and silver there are a lot of other precious metals, like iridium, ruthenium, rhodium, palladium, rhenium, and osmium.

Present in nature, precious metals are rare metallic elements with high economic value. Why you could ask?

Due to their rarity, astonishing beauty, value, usefulness, and history as a value deposit. Also, precious metals have been the bottom of the worldwide economy throughout history and still represent a terrific asset protecting stakeholders from any economic instability. Being within the business of long-term wealth preservation the industry of precious metals has rather a lot to supply to its future employees. Therefore, it’s wise to contemplate a job in precious metals if you desire to have a successful career that pays well.

Here’s our list of the most effective paying jobs in precious metals, with all its perks!

12 Best Paying Jobs in Precious Metals

When you see yourself as a future employee in the dear metals industry, you have to be aware of the most effective paying jobs in precious metals:

  1. Precious metals broker- a mean annual salary of $124,116
  2. Precious metals consultant- a mean annual salary of $81,489
  3. Precious metals sales agent- a mean annual salary of $75,504
  4. Metalworking specialist- a mean annual salary of $73,339
  5. Jewelry store manager- a mean annual salary of $57,951
  6. Gemologist- a mean annual salary of $57,612
  7. Jewelry designer- a mean annual salary of $57,519
  8. Miners- a mean annual salary of $48,110
  9. Goldsmith- a mean annual salary of $45,846
  10. Precious metal worker- a mean annual salary of $41,267
  11. Quality control specialist- a mean annual salary of $41,184
  12. Jewelry specialist – a mean annual salary of $37,060

Review the salary ranges on each job and learn what it takes to have one in every of the most effective paying jobs in precious metals within the US.

1. Precious Metals Broker

The common annual precious metals broker salary within the US is $124,116, while the bottom salary is $84,149 per year. There’s also an estimated additional yearly pay of $39,967. The extra pay includes bonuses, commissions, tips, and the sharing of the profit.

In line with ZipRecruiter the primary three states with the best precious metals broker salary within the US are:

  • Washington- a mean annual salary of $168,902
  • New York- a mean annual salary of $159,879
  • California- a mean annual salary of $152,861

As a precious metal broker you’ll need to:

  • Pick which kind of precious metal you desire to buy and sell
  • Have expertise within the metals you trade
  • Know by which forms your metal might be bought and sold (coins, jewelry, or antiques)
  • Realize how each type of trade is priced, bought, and sold
  • Sell your precious metal on different platforms (online, at auction, or in-store)
  • Price precious metals, based on market fluctuation
  • Correspond with the federal government and the dear metal market rules

When you’re determined to land the primary job on our list of best paying jobs in precious metals, apply for a license required within the business of buying items fabricated from or containing gold, silver, platinum, or other precious metals or jewels.

2. Precious Metals Consultant

Precious metals consultant’s annual salary is $81,489, while the yearly base pay is $67,293 with additional yearly pay of $14,196.

The valuable metals consultant has a wide selection of responsibilities:

  • Make granular estimations of country-by-country and sector-by-sector precious metals demand and provide data
  • Cooperate with other internal consultants liable for other countries to make sure joined-up data series
  • Contribute to conference presentations, consulting projects, reports, preparing charts and tables
  • Attend conferences or other functions within the domain of the dear metals industry
  • Create and maintain relationships with current, prospective, and key precious metal market clients

Experience in precious metals markets or commodity analysis is important if you desire to become precious metals consultant and have one in every of the most effective paying jobs in precious metals. Advanced Excel and database skills are also desirable. Besides the truth that it’s essential to be an excellent communicator companies usually require solid academic background, at the very least a BSc or equivalent, MSc, or other postgraduate degrees.

3. Precious Metals Sales Agent

The salary of a precious metals sales agent ranges from $60,403 to $90,605 with a median salary of $75,504, based on Comparably. The common annual salary for the position of precious metals sales agent in the dear metals industry within the US is $75,504. The highest 67% of precious metals sales agents earn $90,605, while the center 67% earn the common salary of $75,504.

Being a precious metals sales agent is much from easy. Many requirements ought to be met should you fill able of a precious metals sales agent, like:

  • Experience in sales (jewelry experience is an enormous plus), and customer support
  • Talent to construct a bond with customers
  • Excellent communication skills (written and verbal)
  • Confidence and comfortability to sell over the phone
  • Customer-focused approach for a special customer experience
  • Solid integrity, positive attitude, and honesty with a powerful work ethic and morals
  • Computer skills
  • Strong organizational skills and the power to work fast in a busy environment (buying, selling jewelry, coins, silver, gold, watches, etc.)
  • Management skills necessary to extend the corporate’s accounts and portfolios
  • Deep and simply accessible knowledge about the products you might be selling

When you meet these requirements, all you need to do is make probably the most of your talents and skills to prove yourself and be the most effective precious metals sales agent in one in every of the most effective paying jobs in precious metals.

4. Metalworking Specialist

The annual average Metalworking specialist salary as of August 13, 2022, within the US is $73,339. Which means

$35.26 an hour, $1,410 per week, or $6,111 a month. The very best metalworking specialist salary based on ZipRecruiter is $112,500 and the bottom is $24,500. Most metalworking specialist salaries range from $56,500 (25%) to $86,500 (75%) with top earners (90%) earning an annual salary of $99,500.

You need to be well aware of your duties and responsibilities in case your goal is to land one in every of the most effective paying jobs in precious metals by becoming a metalworking specialist:

  • Determine the chemical composition of the products
  • Select the most effective method and temperature of the melting process
  • Create ornamental objects
  • Design, shape and reshape jewelry
  • Be an artist and a trader

Usually, metalworking specialists working with precious metals don’t have a selected educational background. What they’ve is experience, talent, and the required skills to be a a part of the dear metals industry.

5. Jewelry Store Manager

As of July 26, 2022, the common annual salary of a jewellery store manager within the US found on Salary is$57,951, while the salary range is from$48,398to$73,630. There’s a variation in salary reckoning on education, certifications, additional skills,and experience within the profession of a jewellery store manager.

As a jewellery store manager, you’ll be in control of a specialty retail store selling many gemstones and precious metals. Therefore, you need to:

  • Oversee security and ensure the security of workers, clients, and the shop’s inventory.
  • Have a large knowledge of the offered products offered
  • Fulfill your managerial duties
  • Handle payroll, close transactions, and handle deposits

When you happen to get one in every of the most effective paying jobs in precious metals and become a jewellery store manager you’ll have a singular opportunity to supply to customers a number of rings, bracelets, necklaces, and other decorations that feature precious metals and jewels. To work within the position of a jewellery store manager you need to at the very least have a highschool diploma along with practical knowledge. Some employees search for an associate’s degree, as well.

6. Gemologist

When you’re all in favour of the Gemologist salary we now have all the data you wish. The common annual salary of a gemologist is $57,612, while the salary usually ranges from$49,783to $65,950.

It’s always wise to know what’s expected of you within the job of your choosing, especially if it’s one in every of the most effective paying jobs in precious metals. As a gemologist you’ll:

  • Work with and identify precious stones and gems
  • Study particular gems and stones, using microscopes and other specialty gemstone testing equipment
  • Determine the jewellery’s value, and authenticity
  • Cut jewelry to suit certain casts and molds
  • Use chemicals to find out the composition of the jewellery
  • Estimate jewelry’s price
  • Enter gemstone identification information in the data system

In the beginning, should you’ve decided to become a gemologist you will need to have excellent coordination and skills to handle microscopes and other testing equipment used for jewelry. Most employees require an informed chemist for the position of a gemologist and a certification for gemology. Nowadays many gemologists learn their trade as jewelry store employees, therefore some employers accept a bachelor’s degree in a related field.

7. Jewelry Designer

The common annual salary of a jewellery designer based on Payscale is$57,519. The salary is different if we put experience within the equation. Therefore, the salary of a jewellery designer with:

  • Lower than 1-year of experience including tips, bonus, and overtime pay is $36,312 (based on 5 salaries)
  • 1-4 years of experience is $49,263 (based on 47 salaries)
  • 5-9 years of experience is $67,290 (based on 44 salaries)
  • 10-19 years of experience is $67,671 (based on 40 salaries)
  • 20 years of experience and better, late-career employees, is $59,155.

When you happen to be skillful, and lucky enough to win one in every of the most effective paying jobs in precious metals, be prepared to:

  • Design Jewelry
  • Work with customers and realize their ideas
  • Execute jewelry designs to please the corporate or the shopper
  • Make and complete technical drawings of the product
  • Create sketch design ideas to hold out the vision for the team
  • Use 3D design programs, like Photoshop and Rhino
  • Research seasonal market trends and color stories and implement them in new designs

Quite an artsy profession! Therefore, some employees require an art school degree for the position of knickknack designer. You need to also prepare a portfolio for presentation, to indicate your previous work and convince the employer that you simply’re the best person for the job.

8. Miners

Miners have an hourly salary of $23.13, and an annual average salary of $48,110 calculated by the hourly-salary calculator. If we add the experience to our calculation, we’ll find yourself with the next data:

  • The hourly salary of a miner with lower than 1-year experience is $18.55 (including tips, bonus, and overtime pay, based on 14 salaries)
  • The hourly salary of a miner with 1-4 years of experience is $20.48 (based on 29 salaries)
  • The hourly salary of a miner with 5-9 years of experience is $27.55 (based on 29 salaries)
  • The hourly salary of an experienced miner with 10-19 years of experience IS $28.88 (based on 22 salaries)
  • The hourly salary of a miner with 20 years of experience and better is $28

One in every of the most effective paying jobs in precious metals can also be potentially dangerous. It requires the power to:

  • Operate heavy machinery and equipment for excavation, extraction, and transport of precious metals
  • Drill, or blast rocks to create deep underground tunnels
  • Remove the soil and cut through the earth in an open-cut mine (using bulldozers, drills, and explosives)
  • Be certain the mine poses no threat to its employees by putting support, lights, cables, pumps, and air vents where suitable

Being aware of the danger every miner wears protective equipment. When you’re still convinced that you desire to work as a miner you’ll must tackle training in extractive industries, surface, and underground extraction operations, and mining. You’ll be able to improve your possibilities of becoming a miner by providing qualifications in surface extraction operations or a related field.

9. Goldsmith

On Salary you possibly can take a look at how much a goldsmith makes. Within the US the goldsmith’s salary ranges from $37,548to$56,635, while the common is $45,846as of July 26, 2022. As usual, salaries rely on many factors akin to experience, education, certifications, talents, and skills.

Because you’re aware of the salary, now take a look at the goldsmith’s tasks:

  • Design and make gold jewelry
  • Cut, fill, bend and cast gold or other precious metals
  • Secure stones and engrave jewelry
  • Fix or remodel jewelry
  • Sell jewelry to customers (sometimes)
  • Use specialized tools for handling precious metals

You’d better undertake a jeweler apprenticeship if you desire to get one in every of the most effective paying jobs in precious metals. Usually, an apprenticeship will take 48 months of your time to finish. An enormous plus is a qualification in design, visual arts, or a related field.

10. Precious Stone Metal Worker

The common hourly salary of a Precious stone metal workeris$19.84, meaning that the common annual salary within the US is $41,267. This salary varies based on experience:

  • An hourly salary of a precious stone metal worker with 1-4 years of experience with tips, bonus, and overtime pay is $16.60 (based on 25 salaries)
  • An hourly salary of a precious stone metal worker with 5-9 years of experience is $18.75 (based on 14 salaries)
  • An hourly salary of a precious stone metal worker with 10-19 years of experience is $20.08 (based on 21 salaries)
  • An hourly salary of a precious stone metal worker with 20 years of experience or higher is $24

If you desire to be involved within the production and sale of knickknack, then the position of a precious metal worker might be perfect for you. As a precious stone metal worker you’ll be involved in:

  • Every step of the production and sale of knickknack
  • The method of knickknack repairs
  • The inspection and estimation process (using different optical instruments)
  • The jewellery design and manufacturing

You don’t need a proper qualification for one in every of the most effective paying jobs in precious metals. You’ll learn the trade through work experience and training. Many precious metals workers learn this skill at a trade school.

11. Quality Control Specialist

The annual salary of a top quality control specialist based on Payscale is $41,184. The salary is different for an entry-level, mid-career, experienced, and late-career quality control specialist. For instance:

  • An hourly salary of a top quality control specialist with lower than 1-year experience including tips, bonus, and overtime pay is $17.97 (based on 34 salaries)
  • An hourly salary of a top quality control specialist with 1-4 years of experience is $19.39 (based on 312 salaries)
  • An hourly salary of a top quality control specialist with 5-9 years of experience is $20.63 (based on 176 salaries)
  • An hourly salary of a top quality control specialist with 10-19 years of experience is $21.10 (based on 127 salaries)
  • An hourly salary of a top quality control specialist with 20 years of experience and better is $24

If a top quality control specialist is something you aspire to become, you’ll have the next responsibilities:

  • Supervise the standard control and quality-related troubleshooting issues
  • Conduct quality-related tests to verify the products fulfill company and legal standards
  • Offer quality control-related input to managers and employees
  • Measure outputs, materials, and conduct deviations control
  • Maintain precise quality records for future reference
  • Provide support to the testing and inspection processes

For one in every of the most effective paying jobs in precious metals, it’s essential to have great communications skills, excellent analytical abilities, and a bachelor’s degree in a related field. For even better possibilities of winning this job, you’ll need certifications related to quality control.

12. Jewelry Specialist

The salary of a jewellery specialist within the US ranges from $21,640 to $67,210, while the common annual salary is $37,060. The highest 80% of knickknack specialists earn $67,210 and the center 60% earn a mean salary of $37,060.

Jewelry specialists need to master many skills to achieve success at their job. In case your goal is a career as a jewellery specialist it’s essential to have research, interpersonal, practical, creative, sales, and negotiation skills. Also if you desire to have one in every of the most effective paying jobs in precious metals be prepared to:

  • Present and sell jewelry
  • Show jewelry products and process payments
  • Make recommendations and arrange displays to extend sales

Besides having the abilities and meeting the necessities, employees usually ask for a highschool diploma or GED. It’s also beneficial to have a level in business, marketing, or jewelry design but it surely’s not mandatory.

Conclusion

As you possibly can see a career in precious metals is a good choice. When you’re a one that loves a challenging, interesting, creative, and versatile job where you never get to do the identical thing twice, the dear metals industry is what you wish.

If you will have creativity, and a keen eye for jewelry design you’ll be perfect for the position of a jewellery designer or a goldsmith. On the opposite hand, should you’re the one making the sale, creating attractive advertisements, and drawing customers the sales division in the dear metals industry is the place for you. And that’s just the start, many other high-paying positions await you in the dear metals industry, should you select it on your future calling.

Have a good time and earn a living by choosing one in every of the most effective paying jobs in precious metals!

Also Read: Find out how to Get a Free .EDU Gmail Address: Ultimate Step By Step Guide

- Advertisement -
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular