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One of the themes in the first two weeks or so of 2025 has been the rally in the price of gold amidst considerable uncertainties. On January 14, the price of gold actually edged up as the inflation data in the United States demonstrated a slight degree of weakness. Yesterday spot gold gained 0.3%, and the price stood at $2671.27 at the time of writing.
On the other hand, the price of US gold futures also went up by 0.7%. In such a situation, it may be a good idea for investors to consider looking into those companies that may be involved in the gold exploration sectors, and that brings us to the subject of Clifton Mining Company (OTC:CFTN).
The exploration and mining company had been set up back in 1993, and over the past decades it has emerged as one of the more important players in the market. It is primarily involved in the exploration and mining of gold, silver, and lead. Considering its focus on gold and silver, it may prove to be an interesting company to follow amidst the gold rally.
The company conducts its exploration activities at its property, which spans across an area of more than 14,000 acres and is located on the Nevada-Utah border. It remains to be seen how the stock reacts.