Gold stocks have been a popular investment choice for many investors in past years, and the trend appears to be continuing into 2023. With the gold price expected to remain volatile this year, investors are looking for ways to diversify their portfolios and gold stocks can be one way to do this. As the Toronto Stock Exchange (TSX) is home to several of the world’s top gold producers, in this article we’ll take a look at the top 5 gold stocks on the TSX in 2023. Royal Gold (Grey Market: RGLD) is the first stock on this list, proposing a wide range of benefits to its shareholders. The mining giant has long been one of the most successful gold miners on the market, and investors will be pleased with a sizeable dividend yield of 0.86%. Royal Gold is also one of the lowest cost producers of gold, meaning investors will have an advantage in capitalizing on the rising gold price movements. This company’s production is expected to increase even further this year, making it one of the top picks in the sector. Next on the list is Yamana Gold (Grey Market: YRI), another one of the leading gold producers on the TSX. The company has experienced significant growth potential in the past few years, and investors can expect an impressive dividend yield of 1.42%. Yamana Gold is also actively pursuing new projects, which will further increase its production of gold and make it one of the top gold stocks to invest in 2023. Third on the list is Kinross Gold (Grey Market: KGC), which is known for being one of the most reliable gold stocks on the TSX. Kinross Gold has successfully maintained high profit margins despite gold prices being volatile, and investors can expect a noticeable dividend yield of 1.18%. The company is also a major force in the exploration and development of gold, so investors looking for access to new areas of gold mining could benefit from investing in this stock. Another top gold stock on the TSX is IAMGOLD (Grey Market: IMG), the fourth on this list. IAMGOLD is a mid-tier gold miner that offers investors a strong dividend yield of 0.84%. The company finances its operations in a responsible manner, meaning investors can expect a return on their investment with IAMGOLD. IAMGOLD has been involved in several key projects over the past few years, suggesting that the company is on the up. Finally, Barrick Gold Corporation (Grey Market: ABX) caps off this list as one of the most well-known gold stocks on the TSX. This is a major gold miner that has been providing a steady source of profit for investors over the years. Barrick Gold Corporation offers an impressive dividend yield of 1.25%, along with a large portfolio of gold assets located throughout the world. This is a company that is likely to be appealing to many investors seeking access to a reliable gold stock on the TSX. In conclusion, investors looking for access to gold stocks on the TSX this year should take a closer look at the top 5 gold stocks in 2023. Royal Gold, Yamana Gold, Kinross Gold, IAMGOLD, and Barrick Gold Corporation offer solid returns, attractive dividend yields, and reliable operating performance, and are likely to be appealing to many investors looking for exposure to gold this year.