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What is a gold buyer and how to become one

Updated January 8, 2025
2 min read
ScoreGold BuyerUS Average
Salary
4.2

Avg. Salary $54,119

Avg. Salary $59,228

Diversity
10.0
Race

American Indian and Alaska Native 0.33%

Asian 5.68%

Black or African American 7.80%

Hispanic or Latino 18.20%

Unknown 4.52%

White 63.46%

Gender

female 62.67%

male 37.33%

Age - 43
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 43
Stress level
8.3

Stress level is high

7.1 - high

Complexity level
6.9

Complexity level is challenging

7 - challenging

Work life balance
4.4

Work life balance is poor

6.4 - fair

Gold buyer career paths

Key steps to become a gold buyer

  1. Explore gold buyer education requirements

    Most common gold buyer degrees

    Bachelor's

    37.7 %

    High School Diploma

    29.0 %

    Associate

    21.3 %
  2. Start to develop specific gold buyer skills

    SkillsPercentages
    Customer Service80.34%
    Store Locations8.04%
    Store Operations7.02%
    Word Processing Software4.60%
  3. Complete relevant gold buyer training and internships

    Accountants spend an average of 3-6 months on post-employment, on-the-job training. New gold buyers learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a gold buyer based on U.S. Bureau of Labor Statistics data and data from real gold buyer resumes.
  4. Research gold buyer duties and responsibilities

    • Coordinate and provide direction to inventory teams by managing product placement, open-to-buy, and logistics.
    • List eBay items and ship as well as answering questions.
    • Work closely with the logistics department and internal warehouse to coordinate just in time deliveries and maintain daily inventory reconciliation.
    • Negotiate with jewelry vendors for product re-assortments to relive inventory and increase turn.
  5. Apply for gold buyer jobs

    Now it's time to start searching for a gold buyer job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How did you land your first gold buyer job

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Average gold buyer salary

The average gold buyer salary in the United States is $54,119 per year or $26 per hour. Gold buyer salaries range between $35,000 and $81,000 per year.

Average gold buyer salary
$54,119 Yearly
$26.02 hourly

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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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