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Gold has had a long history of being valued as a precious commodity.
It is one of the most popular metals to use for jewelry, coins, and other items that are considered valuable.
However, it’s not just used for decoration or money-making purposes; gold is also used to manufacture electronic devices such as cell phones and computers. If you look at the infographic from Gold.org that was created in 2016, it shows that gold creates jobs for many industries.
The total number of people employed by the production and sale of gold is estimated to be 905 million worldwide.
Below are some of the jobs created by gold.
Jobs Created by Gold
Gold Mining Employment
Gold mining is a difficult job that starts with going deep into the earth to find veins of gold. Once the gold has been found, it must be isolated from other minerals and rocks before being presented to buyers.
Many people work as miners hoping to have a steady income because this job doesn’t often have reliable benefits or enough hours in a day for overtime pay.
People who work in mining will often wear protective gear such as gas masks and hard hats to ensure their safety while working underground.
In 2016, there were about 518,000 people employed by gold mining companies worldwide.
Technology Manufacturing
Gold is also used in the manufacturing of electronic devices. Cell phones, computers, and other gadgets often have gold in their circuitry or other components.
This is because gold is a good conductor of electricity and doesn’t corrode over time.
In 2016, about 385,000 people were employed by technology companies that use gold in their products.
Manufacturing Jobs
The number of individuals employed by the manufacturing industry related to gold is around 504,000. These workers in the areas where gold comes from are responsible for taking the gold that has been mined and turning it into something that you can use, such as coins or jewelry.
They must have a good understanding of how to work with precious metals and often need to be skilled in various types of machinery.
This is a dangerous job because of the fire and chemicals used, so many manufacturers require their employees to wear protective gear while working.
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Jewelry Making
Creating jewelry is an art form that has been around for centuries. It’s a way to show your personality and style, and you can create many different pieces depending on your preferences.
When it comes to gold jewelry, you can make many different styles. Some people may choose a very simple design, while others may want something elaborate. Gold is often used in jewelry because it is a precious metal that is durable and doesn’t rust.
In 2016, there were 1.5 million people employed by the jewelry-making industry.
Retail Sales
The retail sales industry is responsible for selling products to consumers. This includes anything from food to clothes to electronics.
When it comes to gold, many different items can be purchased, such as necklaces, earrings, rings, and bracelets. Many retailers also sell precious metals in the form of coins or bars.
In 2016, nearly two million people were employed by the retail sales industry.
Gold Investment Companies
Many companies will help you invest in gold, and there is also a wide range of products that you can purchase depending on your preferences.
Some people buy bullion such as coins or bars, while others like jewelry such as bracelets and necklaces. Most people who invest in gold prefer coins or bars because they become worth more over time, but everyone has their preference.
In 2016, there were around 466,000 individuals employed by gold investment companies worldwide.
Blacksmiths That Make Gold Mining Tools
The tools used for mining gold since ancient history are very important, and they need to be able to withstand a lot of wear and tear.
That’s why many blacksmiths are employed to make these tools. They must be skilled in metalworking to create the right tools for the job.
In 2016, around 116,000 people were employed by blacksmiths who make gold mining tools. In history, ever since gold was discovered, people have been using mining equipment to retrieve it.
Healthcare in Low-Income Countries
The healthcare industry is responsible for keeping people healthy. Those employed in this industry work in hospitals or smaller clinics to prevent illness and keep people healthy. People often need healthcare when mining gold because of the difficult conditions they work under.
So, doctors and nurses are important to have on hand to ensure everyone’s safety.
In 2016, there were around 243,000 people employed by the healthcare industry in low-income countries.
Community Development
In many mining regions, there is a lack of infrastructure for education and healthcare. This means that the community must rely on volunteers to help with these services.
Some organizations offer free or low-cost training for individuals who want to work in this type of environment.
In 2016, there were about 20,000 people employed by the community development industry worldwide.
Building Infrastructure
For a country to have a thriving mining industry, it needs roads and other types of infrastructure. This is often expensive, so many governments partner with organizations or companies to help fund the projects.
In 2016, there were around 422,000 people employed by the building infrastructure industry worldwide.
In Conclusion
As you can see, there are many types of job opportunities available in the gold mining industry.
Whether you’re interested in working as a blacksmith or you want to help run a mine, there is something for everyone.
As long as people need gold for jewelry and other items, the industry will continue to grow, and new jobs will become available.
