This update error with AOL Desktop Gold might be because of incompatible system requirements. Make sure that your:
Operating system is window 7 and higher.
With a processor of 266 MHz or faster.
Having a memory of 512 MB free disk space and 1GB of RAM.
Screen resolution should be 1024x768
Internet is fast and uninterrupted
Make sure to check all these requirements before you upgrade AOL Gold
or else you will not be able to perform any updates with your software.