Whether you are a recent grad planning your career or someone with considerable experience looking to change industries, precious metals has something for everyone.
The precious metals industry offers several promising prospects for you to explore. The salaries and benefits in this field are very competitive. There are a lot of growth opportunities, so you should be able to find a great fit.
Keep reading to learn more about employment opportunities in the precious metals industry.
American Precious Metals Industry – Primed With Opportunities
Precious metals are a safe and diversified investment and a virtually unlimited resource, making them an attractive investment opportunity for millions of global investors.
This has made the precious metals industry one of the fastest growing and most promising lines of business. The industry continues to grow.
Add to this the demand for precious metals, like gold, silver, and platinum, is steadily increasing during the ongoing inflation concerns. It’s easy to see why careers here would be secure and lucrative. The precious metals industry offers good salaries and benefits.
More than 10,000 jobs are available here. Moreover, the businesses in the niche have brought billions of dollars to the US economy and were valued at $185.1 million in 2020.
Mining, extraction, production, marketing, engineering, brokerage, and finance are just a few of the functions businesses need in this industry. So, rest assured that there is a place for everyone. However, you’ll likely need specialized training to qualify for these jobs.
Additionally, it’s also a good idea to work with recruiters in this industry to quickly find and land jobs in the precious metals industry.
How Many Jobs Are Available In The US Precious Metals Industry?
The precious metals market is enormous and has a promising future. Every year, the United States precious metals industry creates employment opportunities for more than 45,000 people.
Some of the most important jobs in the precious metals industry are
- Precious Metal Worker
- Precious Metal Broker
- Precious Metals Advisor
- Metals Production Specialist
- Quality Control Specialist
Now that you know the breadth of opportunities in the precious metals industry, we can discuss typical salaries in the field.
Earnings in the precious metals industry typically range from $46,650 to $87,330 per year, depending on the individual’s level of education and years of experience. Leadership roles and specialized roles can command significantly higher salaries.
How To Get a Job In the US Precious Metals Industry?
Recruiters for precious metals and mining businesses will tell you there is a shortage of qualified processing engineers, maintenance experts, and reliability professionals worldwide. They are also actively looking for mine engineers and geologists with underground expertise.
If you’d like to explore these career options, finding precious metals recruiters in your area is a good idea. These experts can guide you on what kind of training and professional education you need in addition to your engineering degrees to excel in this niche.
There’s also a growing need for staff in other areas, including jewelry, antique restoration, and blacksmithing; and they are held in the highest regard. Although formal education is not necessary, having some specialized training is always helpful and can open doors to higher-level managerial positions. Numerous online courses are available for further study in this area.
Apprenticeships and internships are common entry points for new metalworkers, who gain experience and contacts through on-the-job training.
Many jobs are available in the precious metals sector for those interested in a professional career. Jobs in the precious metals industry are limited, so prospective employees should prepare thoroughly. Take the time to learn the ins and outs of your new position.
Before accepting a position, ask questions and gather as much information as possible. A job search initiated at this time will likely yield positive results.
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