http://gimpology.com/submission/view/gold_text_effect/
Steps:
STEPS
1. Give the background a radial gradient in the middle (#4d4932 to #201e1b)
2. Set foreground Color to white -> Select Text Tool -> Type Text -> Select Text Layer -> Click "Create Path from Text"
3. Create new layer(called: MAIN) above text layer -> Hide Text layer -> In new layer Click 'Select'in menu 'from Path'(Shift+V).
4. Duplicate 'MAIN' layer and call it 'OUTLINE'. -> Make sure your text outline is still selected (if not, just Shift+V) -> Now Select > Shrink by 1px, uncheck the checkbox and click ok, and delete the selection
4b. Turn up the layer's brightness all the way (Colors > Brightness-Contrast...) and set the blend mode to Overlay
5. Re-select the "Main" layer. Filters > Light and Shadow > Drop Shadow: [offset x: 0, offset Y: 1, Blur Radius: 5, Opacity: 50]
6. Duplicate your "Main" layer again (leave it above the "Main" layer, below the "Outline" layer). Filters > Distorts > Emboss...
[Azimuth: 30, Elevation: 45, Depth:20]
Set this layer's blend mode to Overlay and set its opacity to 50%.
Done!
