Adobe Photoshop Tutorials
Liquid Gold Text
We are going to create a liquid gold text like this:
Step 1
Open a new RGB document (I made it 300*200px) and type your text black on white.
Hold down CTRL and click the layer's label to select the text's shape and save it as channel. (Select --> Save Selection..)

Step 2
Click Filter --> Distort --> Ocean Ripple
Set it to something like this:

Step 3
Use Filter --> Blur --> Gaussian Blur with a radius of 1.
:
Step 4
Go to Image --> Adjustments --> Brightness/Contrast
Apply these settings:

The channel will look like this now:

Step 5
Go back to layers.
Create a new layer and fill it with white.
Apply Filter --> Render --> Lighting Effects:

This is about what you will get:

Step 6
Load the selection of the alpha channel you created and inverse it (Select --> Inverse) and hit delete to delete the surrounding pixels.
Hit CTRL-M to open the curves dialogue and create this curve:

Step 7
Use CTRL-U and choose a golden color.
And finally apply this Contour Style to your text:

Delete your original text layer.
Here we go, it should look like this now:
