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Step 32 : Click the Move Tool.
Step 33 : As soon as you click on the Move Tool you will notice these icons on the top layer will become prominent. Click the second and fifth icons.
And, look what happens! The Text moves to the exact middle of the white layer.
Step 34 : Now click on the White Background layer to select it.
Step 35 : The Foreground Color is already selected. Click on the Background Color which is White.
Step 36 : The Color Picker opens. Type 000000 (six zeroes) in the box at the bottom. It signifies Black.
Step 37 : Click ok on the Color Picker. The background Color changes to Black.
Step 38 : Now click the Gradient Tool.
Step 39 : Click the Gradient Editor in the top panel.
Step 40 : The Gradient Editor opens. Click the first Preset in the upper row.
Step 41 : Now click the Radial Gradient in the top panel. It is the second one from the left.
Step 42 : Since the Gradient Tool is already selected drag from the centre of the canvas towards the right edge, but not quite till up to the edge.
And, here is the effect you get.
Step 43 : Now click on the top layer.
Step 44 : Click on the Add Layer Style button and from the popup click on Outer Glow.
Step 45 : In the Outer Glow controls, I have set Size at 25%, Spread at 5% and lastly lowered the Opacity to 70%. Click ok.
And, here is my metalic text. I have begun with a Red for the Text. Try it out first. Then experiment with other colors. You will be amazed at the effects you get. That's all.
Other Photoshop Tutorials are here.