Top 15 Best Paying Jobs in Precious Metals [Updated in 2022]

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Do you have a strong background in precious metals? Are you looking for a high-paying job that is both stimulating and challenging?

If so, then consider pursuing a career in the precious metals industry.

There are many exciting opportunities available in this field, and the salaries are generally quite generous.

So if you’re interested in making a lot of money while working with some of the most valuable materials on Earth, then read on for information about the best paying jobs in precious metals.


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14 Best Paying Jobs in Precious Metals

No matter what the economy is like, there will always be a demand for precious metals.

Their value is eternal, making them a sound investment for anyone looking to protect their money.

If you’re interested in entering this lucrative industry, here are the 14 best paying jobs in precious metals.

Precious Metal Broker

A Precious Metal Broker is an individual or company that buys and sells precious metals on behalf of their clients.

They typically work with a variety of clients, including jewelers, metal dealers, and private individuals.

In order to be successful in this role, a broker must have a strong understanding of the precious metal market and be able to negotiate the best prices for their clients.

To become a Precious Metal Broker, one must have a strong understanding of the precious metal market.

In addition, brokers must be excellent negotiators in order to get the best prices for their clients.

There are a few ways to become a successful Precious Metal Broker. One way is to get a degree in business, finance, or economics.

Jewelry Designer

A Jewelry Designer is someone who creates and designs jewelry.

They often work with a variety of materials, including precious metals, gemstones, and diamonds.

In order to be successful in this role, a designer must have a strong creative vision and be able to translate that into beautiful and unique pieces of jewelry.

To become a jewelry designer, one typically completes a degree in fine arts, fashion design, or metalsmithing.

Many designers also have a background in business, as this can be helpful when it comes to marketing and selling their designs.


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Goldsmith

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Goldsmiths are responsible for creating fine jewelry from gold, silver, and other precious metals.

They use a variety of techniques to create unique pieces, often working with custom designs.

Goldsmiths must have excellent attention to detail and be very skilled in their craft.

Many goldsmiths are self-employed, but some work for jewelry stores or production companies.

To become a goldsmith, you will need to complete an apprenticeship or attend a trade school.

Many goldsmiths also have a degree in fine arts or metalsmithing.

Precious Metals Quality Control Specialist

Precious metals quality control specialists are responsible for ensuring that products made with precious metals meet certain standards.

They test the metal to make sure its purity is up to par, and they may also oversee the entire manufacturing process to ensure that all steps are followed correctly.

This is a highly specialized field, and those who work in it typically have years of experience and training.

In order to become a precious metals quality control specialist, one must first obtain a degree in metallurgy or a related field.

After that, they must complete an internship or apprenticeship in the field.

Once they have gained enough experience, they can then apply for jobs at companies that manufacture precious metal products.

Those who work in precious metals quality control typically earn salaries of $50,000 or more per year.

Some of the highest-paid specialists earn over $100,000 per year. With experience, these workers can expect to see their salaries increase.


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Metals Production Specialist

Metals production specialists are in charge of the entire production process of a metal plant.

They must have an in-depth knowledge of the chemical and physical properties of metals, as well as the production process itself.

In addition, they must be able to troubleshoot any problems that may arise during production.

As the head of production, metals specialists typically earn a very high salary.

In order to become a metals production specialist, one must have at least a bachelor’s degree in metallurgy or a related field.

In addition, experience working in a metal production facility is highly beneficial.

There are many online programs that offer certification in metal production, which can be helpful in landing a job.

Precious Metals Consultant

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Precious Metals Consultant is a great paying job for those with the right skills and experience.

Precious metals such as gold and silver are highly sought after commodities, and those who advise on their purchase and sale can earn a very handsome salary.

If you have experience working with precious metals and are looking for a well-paying career, then becoming a Precious Metals Consultant could be the perfect fit for you.

As a Precious Metals Consultant, you will be responsible for providing expert advice to clients on the best time to buy and sell precious metals.

You will need to have a strong understanding of the market trends in order to make accurate predictions.

In addition, you will need to be able to effectively communicate with clients and build relationships of trust.

If you have these skills and are interested in a career in precious metals, then a Precious Metals Consultant could be the perfect job for you.


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Jewelry and Coin Specialist

Jewelry and coin specialists are responsible for the appraisal and sale of precious metals, jewelry, and coins.

They must be knowledgeable about the properties of different metals and gemstones, as well as the market value of different pieces.

Jewelry and coin specialists typically work in retail settings, but may also work in auction houses or other venues where precious metals are bought and sold.

Jewelry and coin specialists typically earn a commission on the sale of the items they appraise and sell.

In some cases, they may also receive a salary. The average commission for a jewelry or coin specialist is 10%.

However, commissions can range from 5% to 20%, depending on the item sold and the specialist’s level of experience.

To become a jewelry or coin specialist, you typically need to have a high school diploma or equivalent.

Some jobs may also require postsecondary education, such as completing a jewelry appraisal course.

Many jewelers and coin dealers start out as salespeople and then move into management or appraisal positions.

Precious Metals Analyst

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Precious Metals Analyst is a job that deals with monitoring the market for precious metals.

They have to be able to understand trends in order to make buying and selling decisions. The job can be lucrative, but it also has a lot of responsibility.

Precious Metals Analyst is a job that requires a lot of knowledge about the market for precious metals.

They need to be able to understand trends in order to make buying and selling decisions. The job can be lucrative, but it also has a lot of responsibility.

The average salary for a Precious Metals Analyst is $85,000 per year. However, salaries can range from $60,000 to $110,000 per year.

Experience and education will affect the salary of a Precious Metals Analyst.

Precious Metals Analysts usually have a bachelor’s degree in business, economics, or finance.

Many have experience working in the banking or financial industry. Strong analytical and math skills are essential for this job.


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Jewelry Sales Manager

Sales managers are responsible for overseeing the sales process from start to finish.

They work with clients to identify their needs and then create a sales strategy that will target those needs.

In the jewelry industry, sales managers must be knowledgeable about the products they are selling and the trends in the market.

They must also be able to negotiate prices and terms with customers.

Jewelry sales managers typically earn a base salary plus commission.

The average salary for a jewelry sales manager is $60,000 per year.

Commission rates can vary significantly, but most sales managers earn 10-15% of the total sales they generate.

top earners can make $100,000 or more per year.

Jewelry Repair

The jewelry repair industry is a thriving one with many different opportunities for those who are looking for a career in the field.

There are many different aspects to jewelry repair, from simple repairs like replacing a broken clasp to more complex jobs like resetting a diamond.

No matter what your skillset is, there is likely a place for you in the jewelry repair industry.

Jewelry repair can be a very rewarding career, both financially and emotionally.

Seeing the joy on a customer’s face when you return their repaired jewelry to them is an indescribable feeling.

If you have a passion for jewelry and helping people, then a career in jewelry repair might be the perfect fit for you.

There are a few different routes that you can take when pursuing a career in jewelry repair.

You can either start your own business, or work for an established jewelry repair shop.

If you have the entrepreneurial spirit, then starting your own business might be the right choice for you.

However, working for an established jewelry repair shop has its own benefits, such as access to tools and resources that you might not have if you were on your own.

Jewelry Appraisal

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Jewelry appraisal is the process of assessing the value of a piece of jewelry.

This can be done for a variety of reasons, such as insurance purposes, estate planning, or simply to get an idea of how much a piece is worth.

The value of a piece of jewelry is determined by a number of factors, including the type of metals and gemstones used, the condition of the piece, and its history (if any).

A professional appraiser will have expertise in all of these areas and will be able to give you an accurate estimate of the value of your jewelry.

If you’re thinking of getting your jewelry appraised, there are a few things you should keep in mind.

First, make sure to find a reputable and experienced appraiser. There are many charlatans out there who will try to take advantage of inexperienced customers.

Do some research online or ask for recommendations from friends or family members who have had their jewelry appraised in the past.

Once you’ve found a reputable appraiser, schedule an appointment and be prepared to answer some questions about your jewelry.

The appraiser will need to know the history of the piece, how it was acquired, and any information about its current condition.


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Lapidaries

Lapidaries are people who work with precious stones and metals. They are responsible for cutting, polishing, and shaping these materials into beautiful jewelry and other objects.

The job of a lapidary is not an easy one. It requires a lot of skill and patience.

The pay can be good, however, especially if you are working with high-quality materials.

If you are interested in becoming a lapidary, you will need to attend a training program.

Many community colleges offer these programs, as well as some private schools.

Once you have completed your training, you will be able to find a job in a jewelry store or other business that deals with precious stones and metals.

Lapidaries can expect to earn a good salary, especially if they have experience and are working with high-quality materials.

The median annual salary for this career is $35,790, but the top 10% of earners make more than $70,000 per year.

Gemmologist

A gemmologist is a professional who studies, evaluates, and assesses gemstones.

They are responsible for determining the value of gems, as well as whether or not they are genuine.

Gemmology is a highly specialized field, and those who work in it typically have many years of experience.

The best paying jobs in this industry usually go to those with the most expertise.

If you’re interested in becoming a gemmologist, you’ll need to be able to identify different types of gems, know how to grade their quality, and understand the various marketplaces where they are sold.

The average salary for a gemmologist is $60,000 per year.

Miner

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Miner is one of the best paying jobs in precious metals. They are responsible for mining and extracting gold, silver, and other precious metals from the earth.

Miner typically earn a very good wage, and their job is relatively secure.

They also have the opportunity to earn bonuses and commissions based on the amount of precious metals they are able to extract.

Conclusion

We have come to the end of our list of the best paying jobs in precious metals.

We hope that this article has given you some insight into the different career options available to you in this field.

Whether you are looking for a job in mining, refining, or trading, there are many opportunities available to those with the right skills and experience.

With the right job, you can enjoy a lucrative career in precious metals.

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