Preheat oven to 350 degrees and spray a donut pan with nonstick spray. In a large bowl, mix together all ingredients together for the donut until a batter forms. Evenly spread batter into each donut well, 3/4 full. Bake 15 minutes or until golden. Remove from oven and cool completely.
To make the glaze, combine powdered sugar and milk in a bowl and whisk until smooth. Add a 2-3 drops of pink food dye and incorporate completely. Cover the tops of each donut with the glaze. Allow the glaze to set, then carefully place the edible gold onto the glaze in any pattern you wish.