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The rally in gold has been one of the overwhelming themes of the market this year so far. On February 11, there was a 0.1% fall in spot gold prices as investors started booking their profits. However, it could, at worst, be called a breather of sorts, and there could be the resumption of the rally in the coming days. The tariff fears unleashed by United States President Donald Trump are the issue plaguing the markets, and at a time of such uncertainties, it is only natural for investors to move to safe haven assets like gold. In fact, there has also been central bank buying.
Amidst all this, investors may also consider looking into companies involved in the gold exploration sector in light of the gold prices at this point.
One of the companies that may be worth looking into at this point in time is Clifton Mining Company (OTC:CFTN). The company had been established in 1993 and has come up by leaps and bounds since then to establish itself as one of the major players in the industry.
It is an exploration company that is mainly involved in the mining of gold, silver, and lead. It has its own property spread across more than 14,000 acres, where all the mining work takes place. It may be a good time to keep an eye on Clifton Mining.