What does the cryptic crossword clue "Master cutting extravagantly encased gold inlay on steel (9)" mean?

The wordplay uses an anagram. anagram of MA (synonym="master") + ENCASED (synonym="ENCASED") = DAMASCENE The answer is DAMASCENE.

Master cutting extravagantly encased gold inlay on steel (9)

Guardian Cryptic #29317 | 3 Down | 2024-02-28 flower