SIC Code 5094-40 - Exporters-Precious Metals (Wholesale)

Marketing Level - SIC 6-Digit

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Total Companies

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SIC Code 5094-40 Description (6-Digit)

Exporters-Precious Metals (Wholesale)" is a subdivision of the SIC Code 5094 that refers to companies engaged in the wholesale distribution of precious metals, such as gold, silver, platinum, and palladium, to international markets. These companies purchase precious metals from mines, refineries, and other sources, and then sell them to foreign buyers, including jewelry manufacturers, investment firms, and central banks. The industry is highly specialized and requires extensive knowledge of international trade regulations, currency exchange rates, and market trends. Exporters-Precious Metals (Wholesale) play a crucial role in the global precious metals market, facilitating the movement of these valuable commodities across borders and contributing to the growth of the global economy.

Hierarchy Navigation for SIC 6-Digit Code 5094-40

Tools

  • Metal purity testing kits
  • Digital scales
  • Refining equipment
  • Bullion trading software
  • Currency exchange software
  • International trade databases
  • Market analysis software
  • Shipping and logistics software
  • Customs clearance software
  • Precious metal storage facilities
  • Security systems
  • Insurance policies
  • Export documentation software
  • Communication tools (e.g. email, video conferencing)
  • Financial management software
  • Legal services
  • Compliance management software
  • Risk assessment tools
  • Quality control equipment
  • Environmental monitoring equipment

Industry Examples of Exporters-Precious Metals (Wholesale)

  • Gold bullion exporters
  • Silver ingot exporters
  • Platinum bar exporters
  • Palladium coin exporters
  • Precious metal scrap exporters
  • Jewelry component exporters
  • Investment firm suppliers
  • Central bank suppliers
  • Industrial metal suppliers
  • Refinery suppliers

SIC Code 5094-40 - Exporters-Precious Metals (Wholesale)

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