Precious Metals Dealer

Also called: Bullion Dealer, Gold & Silver Trader

Buys and sells gold, silver and platinum coins and bars to collectors and investors, testing metal and pricing it by the minute.

A day in the life

A retiree brings in her late husband's coin collection, and you test each piece for real silver, check melt value against today's spot price and make an offer. All day, prices change, and you adjust quotes, ship insured packages and watch for fakes made in overseas factories.

Pay over a career

Starting
$35k
Typical
$65k
High
$160k

Owners and top dealers earn far more in busy markets.

Approximate: anchored on Bureau of Labor Statistics data for a broader job group.

Training

High school diploma, about 0 years after high school. High school diploma; trained on the job in a coin shop or bullion company.

Ways in: On-the-job training, Self-taught. Training cost: Under $15k.

Majors to look at: Business Administration, Finance, Geology.

Outlook

Growing about average. Gold buying surges when people fear inflation or crisis.

Will it last? Our AI estimate

Low risk in 5 years, medium in 10. Online sellers compete on price; testing metals, spotting fakes and local trust stay human.

Start now, in high school

Classes: Chemistry, Economics, Business math.

Official data: O*NET occupation 41-3031.

More Asset & Wealth Management careers

Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.