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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_ValuationOfCertainIncomeSecuritiesRiskMember_lbl" xml:lang="en-US">Valuation Of Certain Income Securities Risk [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_BelowInvestmentGradeSecuritiesMember_lbl" xml:lang="en-US">Below Investment Grade Securities [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_CMBSRiskMember_lbl" xml:lang="en-US">C M B S Risk [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_RMBSRiskMember_lbl" xml:lang="en-US">R M B S Risk [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_SubPrimeMortgageMarketRiskMember_lbl" xml:lang="en-US">Sub Prime Mortgage Market Risk [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_RiskLinkedSecuritiesRiskMember_lbl" xml:lang="en-US">Risk Linked Securities Risk [Member]</link:label>
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      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_SubordinatedSecuredLoansRiskMember" xlink:label="GOF_SubordinatedSecuredLoansRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_SubordinatedSecuredLoansRiskMember" xlink:to="GOF_SubordinatedSecuredLoansRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_SubordinatedSecuredLoansRiskMember_lbl" xml:lang="en-US">Subordinated Secured Loans Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_UnsecuredLoansRiskMember" xlink:label="GOF_UnsecuredLoansRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_UnsecuredLoansRiskMember" xlink:to="GOF_UnsecuredLoansRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_UnsecuredLoansRiskMember_lbl" xml:lang="en-US">Unsecured Loans Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_LoansAndLoanParticipationsAndAssignmentsRiskMember" xlink:label="GOF_LoansAndLoanParticipationsAndAssignmentsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_LoansAndLoanParticipationsAndAssignmentsRiskMember" xlink:to="GOF_LoansAndLoanParticipationsAndAssignmentsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_LoansAndLoanParticipationsAndAssignmentsRiskMember_lbl" xml:lang="en-US">Loans And Loan Participations And Assignments Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_UnfundedCommitmentsRiskMember" xlink:label="GOF_UnfundedCommitmentsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_UnfundedCommitmentsRiskMember" xlink:to="GOF_UnfundedCommitmentsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_UnfundedCommitmentsRiskMember_lbl" xml:lang="en-US">Unfunded Commitments Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_MezzanineInvestmentsRiskMember" xlink:label="GOF_MezzanineInvestmentsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_MezzanineInvestmentsRiskMember" xlink:to="GOF_MezzanineInvestmentsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_MezzanineInvestmentsRiskMember_lbl" xml:lang="en-US">Mezzanine Investments Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_DistressedAndDefaultedSecuritiesRiskMember" xlink:label="GOF_DistressedAndDefaultedSecuritiesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_DistressedAndDefaultedSecuritiesRiskMember" xlink:to="GOF_DistressedAndDefaultedSecuritiesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_DistressedAndDefaultedSecuritiesRiskMember_lbl" xml:lang="en-US">Distressed And Defaulted Securities Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_ConvertibleSecuritiesRiskMember" xlink:label="GOF_ConvertibleSecuritiesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_ConvertibleSecuritiesRiskMember" xlink:to="GOF_ConvertibleSecuritiesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_ConvertibleSecuritiesRiskMember_lbl" xml:lang="en-US">Convertible Securities Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_PreferredSecuritiesOrStockRiskMember" xlink:label="GOF_PreferredSecuritiesOrStockRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_PreferredSecuritiesOrStockRiskMember" xlink:to="GOF_PreferredSecuritiesOrStockRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_PreferredSecuritiesOrStockRiskMember_lbl" xml:lang="en-US">Preferred Securities Or Stock Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_ForeignSecuritiesRiskMember" xlink:label="GOF_ForeignSecuritiesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_ForeignSecuritiesRiskMember" xlink:to="GOF_ForeignSecuritiesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_ForeignSecuritiesRiskMember_lbl" xml:lang="en-US">Foreign Securities Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_EmergingMarketsRiskMember" xlink:label="GOF_EmergingMarketsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_EmergingMarketsRiskMember" xlink:to="GOF_EmergingMarketsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_EmergingMarketsRiskMember_lbl" xml:lang="en-US">Emerging Markets Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_ForeignCurrencyRiskMember" xlink:label="GOF_ForeignCurrencyRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_ForeignCurrencyRiskMember" xlink:to="GOF_ForeignCurrencyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_ForeignCurrencyRiskMember_lbl" xml:lang="en-US">Foreign Currency Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_SovereignDebtRiskMember" xlink:label="GOF_SovereignDebtRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_SovereignDebtRiskMember" xlink:to="GOF_SovereignDebtRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_SovereignDebtRiskMember_lbl" xml:lang="en-US">Sovereign Debt Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_CommonEquitySecuritiesRiskMember" xlink:label="GOF_CommonEquitySecuritiesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_CommonEquitySecuritiesRiskMember" xlink:to="GOF_CommonEquitySecuritiesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_CommonEquitySecuritiesRiskMember_lbl" xml:lang="en-US">Common Equity Securities Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_CoveredCallOptionAndPutOptionRiskMember" xlink:label="GOF_CoveredCallOptionAndPutOptionRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_CoveredCallOptionAndPutOptionRiskMember" xlink:to="GOF_CoveredCallOptionAndPutOptionRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_CoveredCallOptionAndPutOptionRiskMember_lbl" xml:lang="en-US">Covered Call Option And Put Option Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_RisksOfRealPropertyAssetCompaniesMember" xlink:label="GOF_RisksOfRealPropertyAssetCompaniesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_RisksOfRealPropertyAssetCompaniesMember" xlink:to="GOF_RisksOfRealPropertyAssetCompaniesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_RisksOfRealPropertyAssetCompaniesMember_lbl" xml:lang="en-US">Risks Of Real Property Asset Companies [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_REITsRiskMember" xlink:label="GOF_REITsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_REITsRiskMember" xlink:to="GOF_REITsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_REITsRiskMember_lbl" xml:lang="en-US">R E I Ts Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_NaturalResourcesAndCommoditiesRiskMember" xlink:label="GOF_NaturalResourcesAndCommoditiesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_NaturalResourcesAndCommoditiesRiskMember" xlink:to="GOF_NaturalResourcesAndCommoditiesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_NaturalResourcesAndCommoditiesRiskMember_lbl" xml:lang="en-US">Natural Resources And Commodities Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_SupplyAndDemandRiskMember" xlink:label="GOF_SupplyAndDemandRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_SupplyAndDemandRiskMember" xlink:to="GOF_SupplyAndDemandRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_SupplyAndDemandRiskMember_lbl" xml:lang="en-US">Supply And Demand Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_DepletionAndExplorationRiskMember" xlink:label="GOF_DepletionAndExplorationRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_DepletionAndExplorationRiskMember" xlink:to="GOF_DepletionAndExplorationRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_DepletionAndExplorationRiskMember_lbl" xml:lang="en-US">Depletion And Exploration Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_OperationalAndGeologicalRiskMember" xlink:label="GOF_OperationalAndGeologicalRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_OperationalAndGeologicalRiskMember" xlink:to="GOF_OperationalAndGeologicalRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_OperationalAndGeologicalRiskMember_lbl" xml:lang="en-US">Operational And Geological Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_RegulatoryRiskMember" xlink:label="GOF_RegulatoryRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_RegulatoryRiskMember" xlink:to="GOF_RegulatoryRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_RegulatoryRiskMember_lbl" xml:lang="en-US">Regulatory Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_CommodityPricingRiskMember" xlink:label="GOF_CommodityPricingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_CommodityPricingRiskMember" xlink:to="GOF_CommodityPricingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_CommodityPricingRiskMember_lbl" xml:lang="en-US">Commodity Pricing Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_PreciousMetalsPricingRiskMember" xlink:label="GOF_PreciousMetalsPricingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_PreciousMetalsPricingRiskMember" xlink:to="GOF_PreciousMetalsPricingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_PreciousMetalsPricingRiskMember_lbl" xml:lang="en-US">Precious Metals Pricing Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_RisksOfPersonalPropertyAssetCompaniesMember" xlink:label="GOF_RisksOfPersonalPropertyAssetCompaniesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_RisksOfPersonalPropertyAssetCompaniesMember" xlink:to="GOF_RisksOfPersonalPropertyAssetCompaniesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_RisksOfPersonalPropertyAssetCompaniesMember_lbl" xml:lang="en-US">Risks Of Personal Property Asset Companies [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_SpecialSituationTransportationAssetsRiskMember" xlink:label="GOF_SpecialSituationTransportationAssetsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_SpecialSituationTransportationAssetsRiskMember" xlink:to="GOF_SpecialSituationTransportationAssetsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_SpecialSituationTransportationAssetsRiskMember_lbl" xml:lang="en-US">Special Situation Transportation Assets Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_CyclicalityOfSupplyAndDemandForTransportationAssetsRiskMember" xlink:label="GOF_CyclicalityOfSupplyAndDemandForTransportationAssetsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_CyclicalityOfSupplyAndDemandForTransportationAssetsRiskMember" xlink:to="GOF_CyclicalityOfSupplyAndDemandForTransportationAssetsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_CyclicalityOfSupplyAndDemandForTransportationAssetsRiskMember_lbl" xml:lang="en-US">Cyclicality Of Supply And Demand For Transportation Assets Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_RisksOfDeclineInValueOfTransportationAssetsAndRentalValuesMember" xlink:label="GOF_RisksOfDeclineInValueOfTransportationAssetsAndRentalValuesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_RisksOfDeclineInValueOfTransportationAssetsAndRentalValuesMember" xlink:to="GOF_RisksOfDeclineInValueOfTransportationAssetsAndRentalValuesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_RisksOfDeclineInValueOfTransportationAssetsAndRentalValuesMember_lbl" xml:lang="en-US">Risks Of Decline In Value Of Transportation Assets And Rental Values [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_TechnologicalRisksMember" xlink:label="GOF_TechnologicalRisksMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_TechnologicalRisksMember" xlink:to="GOF_TechnologicalRisksMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_TechnologicalRisksMember_lbl" xml:lang="en-US">Technological Risks [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_RisksRelatingToLeasesOfTransportationAssetsMember" xlink:label="GOF_RisksRelatingToLeasesOfTransportationAssetsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_RisksRelatingToLeasesOfTransportationAssetsMember" xlink:to="GOF_RisksRelatingToLeasesOfTransportationAssetsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_RisksRelatingToLeasesOfTransportationAssetsMember_lbl" xml:lang="en-US">Risks Relating To Leases Of Transportation Assets [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_CollectibelAssetsRiskMember" xlink:label="GOF_CollectibelAssetsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_CollectibelAssetsRiskMember" xlink:to="GOF_CollectibelAssetsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_CollectibelAssetsRiskMember_lbl" xml:lang="en-US">Collectibel Assets Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_PrivateSecuritiesRiskMember" xlink:label="GOF_PrivateSecuritiesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_PrivateSecuritiesRiskMember" xlink:to="GOF_PrivateSecuritiesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_PrivateSecuritiesRiskMember_lbl" xml:lang="en-US">Private Securities Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_RisksAssociatedWithPrivateCompanyInvestmentsMember" xlink:label="GOF_RisksAssociatedWithPrivateCompanyInvestmentsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_RisksAssociatedWithPrivateCompanyInvestmentsMember" xlink:to="GOF_RisksAssociatedWithPrivateCompanyInvestmentsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_RisksAssociatedWithPrivateCompanyInvestmentsMember_lbl" xml:lang="en-US">Risks Associated With Private Company Investments [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_LateStagePrivateCompaniesRiskMember" xlink:label="GOF_LateStagePrivateCompaniesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_LateStagePrivateCompaniesRiskMember" xlink:to="GOF_LateStagePrivateCompaniesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_LateStagePrivateCompaniesRiskMember_lbl" xml:lang="en-US">Late Stage Private Companies Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_InvestmentFundsRiskMember" xlink:label="GOF_InvestmentFundsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_InvestmentFundsRiskMember" xlink:to="GOF_InvestmentFundsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_InvestmentFundsRiskMember_lbl" xml:lang="en-US">Investment Funds Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_SyntheticInvestmentsRiskMember" xlink:label="GOF_SyntheticInvestmentsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_SyntheticInvestmentsRiskMember" xlink:to="GOF_SyntheticInvestmentsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_SyntheticInvestmentsRiskMember_lbl" xml:lang="en-US">Synthetic Investments Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_InflationOrDeflationRiskMember" xlink:label="GOF_InflationOrDeflationRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_InflationOrDeflationRiskMember" xlink:to="GOF_InflationOrDeflationRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_InflationOrDeflationRiskMember_lbl" xml:lang="en-US">Inflation Or Deflation Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_MarketDiscountRiskMember" xlink:label="GOF_MarketDiscountRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_MarketDiscountRiskMember" xlink:to="GOF_MarketDiscountRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_MarketDiscountRiskMember_lbl" xml:lang="en-US">Market Discount Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_DilutionRiskMember" xlink:label="GOF_DilutionRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_DilutionRiskMember" xlink:to="GOF_DilutionRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_DilutionRiskMember_lbl" xml:lang="en-US">Dilution Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_FinancialLeverageAndLeveragedTransactionsRiskMember" xlink:label="GOF_FinancialLeverageAndLeveragedTransactionsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_FinancialLeverageAndLeveragedTransactionsRiskMember" xlink:to="GOF_FinancialLeverageAndLeveragedTransactionsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_FinancialLeverageAndLeveragedTransactionsRiskMember_lbl" xml:lang="en-US">Financial Leverage And Leveraged Transactions Risk [Member]</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_DerivativesTransactionsRiskMember" xlink:to="GOF_DerivativesTransactionsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_DerivativesTransactionsRiskMember_lbl" xml:lang="en-US">Derivatives Transactions Risk [Member]</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_FuturesTransactionsRiskMember" xlink:to="GOF_FuturesTransactionsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_FuturesTransactionsRiskMember_lbl" xml:lang="en-US">Futures Transactions Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_SwapRiskMember" xlink:label="GOF_SwapRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_SwapRiskMember" xlink:to="GOF_SwapRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_SwapRiskMember_lbl" xml:lang="en-US">Swap Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_CounterpartyRiskMember" xlink:label="GOF_CounterpartyRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_CounterpartyRiskMember" xlink:to="GOF_CounterpartyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_CounterpartyRiskMember_lbl" xml:lang="en-US">Counterparty Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_SpecialPurposeAcquisitionCompaniesRiskMember" xlink:label="GOF_SpecialPurposeAcquisitionCompaniesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_SpecialPurposeAcquisitionCompaniesRiskMember" xlink:to="GOF_SpecialPurposeAcquisitionCompaniesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_SpecialPurposeAcquisitionCompaniesRiskMember_lbl" xml:lang="en-US">Special Purpose Acquisition Companies Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_AvailabilityAndQualityOfDataMember" xlink:label="GOF_AvailabilityAndQualityOfDataMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_AvailabilityAndQualityOfDataMember" xlink:to="GOF_AvailabilityAndQualityOfDataMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_AvailabilityAndQualityOfDataMember_lbl" xml:lang="en-US">Availability And Quality Of Data [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_PortfolioTurnoverRiskMember" xlink:label="GOF_PortfolioTurnoverRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_PortfolioTurnoverRiskMember" xlink:to="GOF_PortfolioTurnoverRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_PortfolioTurnoverRiskMember_lbl" xml:lang="en-US">Portfolio Turnover Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_USGovernmentSecuritiesRiskMember" xlink:label="GOF_USGovernmentSecuritiesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_USGovernmentSecuritiesRiskMember" xlink:to="GOF_USGovernmentSecuritiesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_USGovernmentSecuritiesRiskMember_lbl" xml:lang="en-US">U S Government Securities Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_LegislationAndRegulationRiskMember" xlink:label="GOF_LegislationAndRegulationRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_LegislationAndRegulationRiskMember" xlink:to="GOF_LegislationAndRegulationRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_LegislationAndRegulationRiskMember_lbl" xml:lang="en-US">Legislation And Regulation Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_RecentMarketDevelopmentsRiskMember" xlink:label="GOF_RecentMarketDevelopmentsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_RecentMarketDevelopmentsRiskMember" xlink:to="GOF_RecentMarketDevelopmentsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_RecentMarketDevelopmentsRiskMember_lbl" xml:lang="en-US">Recent Market Developments Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_IncreasingGovernmentAndOtherPublicDebtRiskMember" xlink:label="GOF_IncreasingGovernmentAndOtherPublicDebtRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_IncreasingGovernmentAndOtherPublicDebtRiskMember" xlink:to="GOF_IncreasingGovernmentAndOtherPublicDebtRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_IncreasingGovernmentAndOtherPublicDebtRiskMember_lbl" xml:lang="en-US">Increasing Government And Other Public Debt Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_MunicipalSecuritiesRiskMember" xlink:label="GOF_MunicipalSecuritiesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_MunicipalSecuritiesRiskMember" xlink:to="GOF_MunicipalSecuritiesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_MunicipalSecuritiesRiskMember_lbl" xml:lang="en-US">Municipal Securities Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_WhenIssuedAndDelayedDeliveryTransactionsRiskMember" xlink:label="GOF_WhenIssuedAndDelayedDeliveryTransactionsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_WhenIssuedAndDelayedDeliveryTransactionsRiskMember" xlink:to="GOF_WhenIssuedAndDelayedDeliveryTransactionsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_WhenIssuedAndDelayedDeliveryTransactionsRiskMember_lbl" xml:lang="en-US">When Issued And Delayed Delivery Transactions Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_ShortSalesRiskMember" xlink:label="GOF_ShortSalesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_ShortSalesRiskMember" xlink:to="GOF_ShortSalesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_ShortSalesRiskMember_lbl" xml:lang="en-US">Short Sales Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_RepurchaseAgreementRiskMember" xlink:label="GOF_RepurchaseAgreementRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_RepurchaseAgreementRiskMember" xlink:to="GOF_RepurchaseAgreementRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_RepurchaseAgreementRiskMember_lbl" xml:lang="en-US">Repurchase Agreement Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_SecuritiesLendingRiskMember" xlink:label="GOF_SecuritiesLendingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_SecuritiesLendingRiskMember" xlink:to="GOF_SecuritiesLendingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_SecuritiesLendingRiskMember_lbl" xml:lang="en-US">Securities Lending Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_FailureToQualifyAsRICRiskMember" xlink:label="GOF_FailureToQualifyAsRICRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_FailureToQualifyAsRICRiskMember" xlink:to="GOF_FailureToQualifyAsRICRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_FailureToQualifyAsRICRiskMember_lbl" xml:lang="en-US">Failure To Qualify As R I C Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_ConflictsOfInterestRiskMember" xlink:label="GOF_ConflictsOfInterestRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_ConflictsOfInterestRiskMember" xlink:to="GOF_ConflictsOfInterestRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_ConflictsOfInterestRiskMember_lbl" xml:lang="en-US">Conflicts Of Interest Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_MarketDisruptionAndGeopoliticalRiskMember" xlink:label="GOF_MarketDisruptionAndGeopoliticalRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_MarketDisruptionAndGeopoliticalRiskMember" xlink:to="GOF_MarketDisruptionAndGeopoliticalRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_MarketDisruptionAndGeopoliticalRiskMember_lbl" xml:lang="en-US">Market Disruption And Geopolitical Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_CyberSecurityMarketDisruptionAndOperationalRiskMember" xlink:label="GOF_CyberSecurityMarketDisruptionAndOperationalRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_CyberSecurityMarketDisruptionAndOperationalRiskMember" xlink:to="GOF_CyberSecurityMarketDisruptionAndOperationalRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_CyberSecurityMarketDisruptionAndOperationalRiskMember_lbl" xml:lang="en-US">Cyber Security Market Disruption And Operational Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="gof-20260531.xsd#GOF_AntiTakeoverProvisionsRiskMember" xlink:label="GOF_AntiTakeoverProvisionsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GOF_AntiTakeoverProvisionsRiskMember" xlink:to="GOF_AntiTakeoverProvisionsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GOF_AntiTakeoverProvisionsRiskMember_lbl" xml:lang="en-US">Anti Takeover Provisions Risk [Member]</link:label>
    </link:labelLink>
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