The crucial difference to me is that Rowling's Goblins do not have the sense of honour that Dwarves possess. If you were a Man or an Elf in Middle-earth and you made the friendship of a Dwarf then you would have a loyal friend for life who would defend you. The same is not necessarily true of Goblins in the Wizarding world. The Goblins are also much more possessive creatures with regard to the artefacts they create.
But then this is a big difference between Middle-earth and the Wizarding world. The former is more integrated and races and creatures seem to have a keen awareness of each other whereas in the Wizarding world you get the idea that so much more is unknown and untested - Wizards do not and seemingly cannot really ever understand the true 'nature' of the perilous magic possessed by other beings such as Goblins, Centaurs and House-Elves.
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Gordon's alive!
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