Halve the gold potatoes.
Add 1 cup hot water to the instant pot insert and then add the steam rack that came with the appliance. Add the halved gold potatoes onto the steam rack.
Close lid and set to Sealing.
Cook on Manual, High Pressure for 12 minutes.
Quick release, then drain off the water and excess liquid.
Mash the potatoes with potato masher and then add butter, milk/sour cream/cream cheese to taste, along with garlic powder, salt and pepper to taste.
Serve Instant Pot Mashed Potatoes as side dish for weeknight meal or holiday meal.