I have included the tool commands and there location if Novice users would like to try. Adjustment Layers, Layer Overlaying and channels will be used for this tutorial and it helps if you're familiar with them. You may download this font to follow along if you like. I have a Windows Version here. Make a new RGB Image 175 pixels wide by 175 pixels high.
Lets fill the background layer with some color or texture.
I encourage you to use the color I have, it really goes well with the gold. If you want this color, double click the Foreground color on the tool bar and you will then see the color picker. Now fill the background layer in. Now Gaussian Blur Alpha 2. Ok match my settings close as you can, this also goes for the 2 colors I have.