Looking at Goldwaves help contents it states

GoldWave is a sound editor, player, recorder, analyzer, and converter. Use it to create sound files for music CDs, dance recitals, websites, answering machines, Windows sounds, and much more. It includes a complete set of effects and editing features for professional sound production. Create high quality audio CDs by using GoldWave in conjunction with CD Recorder software.
I have used dBpoweramp software to transfer my music from LPīs, Tape cassettes etc using phono leads connected directly to the computers sound card once on the PC then you can manipulated the sound,Volume levels,Clicks,etc,etc before burning them to CD