I have seen many tutorials that make gold effects on text using channels, flatten image or rasterize. Here you will learn to make golden text only using Blending Options.

1) Create a new image 400x150 pixels with white background.

2) Fill the background with black color #000000

3) Add some text. I have used CType AOE 48 px:

4) Right click the text layer and choose Blending Options, use these settings:

Outer Glow: use this color: #ffcc00

Bevel and Emboss:

Inside this option go to the Shading section and click on Gloss Contour. Then make some curves similar to these:

Gradient overlay: use these colors #ffcc00 --> #ebcc50 --> #ffcc00

5) The final result is:

6) The nice thing about this tutorial is that you can use the same effect on any font including symbol fonts. Just duplicate the layer and change the font.

I have tested some different fonts and this is what I got: