Trick Photoshop

There is no color called gold in Photoshop. But you can create it. I had posted a tutorial on creating Gold Text a long time ago. It is a bit elaborate and the effect that you get is also very good. The tutorial is here. This is another way of doing it. In the course of this tutorial you will also get to know about Gradient Overlay.

Step 1 : Open a blank white layer in Photoshop.
Step 2 : Click on the Foreground Color.
Step 3 : The Color Picker opens. Look at the column of colors in the middle. It is called the Spectrum. Note that there is a slider. Drag the slider up to the top. At least that is what I have done since I want to choose Red.
Step 4 : I have clicked on a shade of the Red and clicked ok and exited the Color Picker. Note that the Foreground Color changes to the color I picked.
Step 5 : Press ALT+BACKSPACE. This will fill the layer with the Foreground Color. In this case the Foreground Color is Red. The White layer is filled with Red. Step 6 : Click the Text Tool.
Step 7 : In the top panel click where the white arrow points to, to reveal the dropdown menu which shows the fonts available. I have chosen Impact. You will find it also.
Step 8 : The text color has to be changed. Look in the top panel. Click where the small white hand points to.
Step 9 : Clicking brings up the Select Text Color dialogue box. Type 000000 (six zeroes) into the box where the small white arrow points to. The six zeroes stand for Black.
Look at the top panel. The text color has changed to Black.
Step 10 : On the top panel set the points i.e. how large your letters are going to be (red arrow) by entering a value in the box. Also set the margin. I have set it as centrally aligned (blue arrow).
Step 11 : Now draw out the text box with the cursor. The text will go inside the text box.
Step 12 : I have typed in the text.
Step 13 : Click the tick mark on the right of the top panel to apply the Text.
Step 14 : The text has been applied. The bounding box has disappeared.
Step 15 : Click the Add Layer Style button. It looks a bit different in PS7, but is in the same place.
Step 16 : From the popup menu click on Gradient Overlay.
Step 17 : The Gradient Overlay layer style dialogue box opens. Look at the left panel. The Gradient Overlay is checked.
The black color of the letters immediately change and look as above.
Step 18 : Click where the arrow points to.
Step 19 : The Gradient Editor opens. Step 20 : The red arrows point to Color Stops. You will learn their use in the next step.
Step 21: Click on the Black Color Stop on the left. The color changes to Black. Step 22 : Click on Color. Step 23 : The Select Stop Color dialogue box opens. Type 998e00 in the box where the arrow points to. Click ok.
Step 24 : Press ALT, click on the Left Stop an drag to the right. Another stop emerges.
Step 25 : Now type 25% into the Location box and the second stop moves 25 % to the right. Step 26 : Again click on Color.
Step 27 : The Select Stop Color dialogue box opens. Type fff30a into the box. Click ok.
Step 28 : Now press ALT and drag the second stop. A new third stop forms. Type 50% in the Location. The third stop moves 50% to the right from the first stop.
Step 29 : Again click Color and in the Select Stop Color dialogue box type e9d91c.
Step 30 : Now just as earlier, press ALT and a fourth color stop forms. Type 75 % in Location and it moves 75% to the right from the first stop. Step 31 : Click on the fourth stop and click on Color again.
Step 32 : In the Select Stop Color dialogue box type in fff30a. Click ok.
Step 33 : Now click on the white color stop on the extreme right and type in Stop Color 998e00. Click ok in Select Stop Color. Step 34 : This is how the Gradient Editor looks like. Click ok. Click ok in The Layer Style dialogue box.
This is how the Text looks like.
Step 35 : Click the Add Layer Style button and from the popup click on Bevel and Emboss.
Step 36 : The Bevel and Emboss Layer Style dialogue box opens.
Step 37 : Change the Technique to Chisel Hard.

Step 38 : Change the Gloss Counter to Ring Double or the one the small white hand is pointing to. If you hover your cursor over the Gloss Counters you will be able to read their names.

Step 41 : Click the Move Tool
Step 42 : In the top panel tha Show Transform Controls is checked. It is called Bounding Box in PS7 and is in the same place.