Salary for Precious Metal Workers

This occupation has now been updated to Jewelers and Precious Stone and Metal Workers

Also known as:  Diamond Grader, Diamond Polisher, Diamond Setter, Facetor, Gem Cutter, Gemologist, Goldsmith, Jewelry Repairer, Jewelsmith, Lapidarist

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Precious metal workers shape, press and fabricate gold, silver, diamonds, gems and other precious metals to make jewelry and other products. This job is not dangerous, but it can be strenuous as workers are asked to stand or bend for long periods of time. Vocational schooling or an associate's degree may be necessary to be considered for this job. Most of the time, an employer will require up to two years of formal on-site job training as well.

A Precious Metal Worker will normally get a pay level of $26,050 to $77,330 depending on experience and education levels. can get an average compensation of fourty-eight thousand and fifty dollars on a yearly basis.

can get the best pay in New York, where they can receive normal pay levels of about $62,340. People in this job function are paid most highly in Finance and Insurance, where they receive an average salary rate of $64,880.

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The national wage distribution is shown below. To overlay local salaries for a Precious Metal Worker, please select your state.
Annual salary
Hourly rate
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SALARY TREND

The annual compensation for this career has gone up since 2004. Salaries have increased by an average of 56.51 percent nationwide in that time.

INDUSTRIES

Precious Metal Workers tend to make the most in the following industries:

Finance and Insurance
$64,880
Wholesale Trade
$58,700
Management of Companies and Enterprises
$50,280
Retail Trade
$47,950
Manufacturing
$43,280
Administrative, Support and Waste Management Services
$42,850

In general, they earn less within the industries below:

Professional, Scientific, and Technical Services
$39,150
Other Services (except Public Administration)
$42,380
Administrative, Support and Waste Management Services
$42,850
Manufacturing
$43,280
Retail Trade
$47,950
Management of Companies and Enterprises
$50,280