1.First of all get your shape/text.for the fill color,I used 

 #927847.

2.Next for some depth,I applied the Inner Shadow Layer Style.

 

 Then it looked like this:

Point to remember : Shadow distance depends on the resolution,the resolution is 72px,so the 2px   distance is sufficient.

 

3.Now apply Bevel and Emboss,with these settings…

 

  Now looks like:

 

4.At last use the Contour Layer Style to darken the gold colour a little more.

 look like :

 

And there you have…!!!

-By Sneha Badlani

Graphics Designer