The golden oyster mushroom, like other species of oyster mushroom, is a wood-decay fungus. In the wild. The gills are white, closely spaced, and run down the stem. The spores of the golden oyster mushroom are cylindrical or elliptical in shape,
Source of antioxidants. Extracts from P. citrinopileatus have been studied for their properties, decreasing blood sugar levels in diabetic rats. They have also been studied as a source of lipid-lowering drugs; P. ostreatus, a related oyster mushroom, has been found to contain the cholesterol-lowering drug lovastatin.