5 Top Canadian Gold ETFs for December 2023 and Beyond

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With the advent of Canadian exchange-traded funds (ETFs), passive investing in Canada has become simple. These days you don’t need to learn how to buy individual stocks. You can instead deploy a more passive approach with ETFs.

ETFs are also an excellent way to gain exposure to particular industries without having to pick individual stocks.

A piece of investment advice we often give (an investment strategy used at your discretion) is that every portfolio should have some exposure to gold. Gold has long been considered a defensive investment and helps insulate your portfolio against various market conditions, potential bear markets, or market volatility.

Some investors buy bonds, or even Canadian bond ETFs, for stability, which isn’t a wrong decision either. But in a rocky market in terms of interest rates, bonds will be more volatile.

With that being said, stocks that rely on a commodity, like oil, gold, or even other precious metals…

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