Preheat oven to 350°F (180°C). Grease and flour a cake pan.
In a large bowl, whisk together the flour, baking powder, cinnamon, cloves, and ginger.
In another bowl, cream together the butter, granulated sugar, and brown sugar until light and fluffy. Add the eggs one at a time, mixing well after each addition.
Gradually add the dry ingredients to the egg mixture, alternating with the milk. Finally, stir in the orange zest and raisins.
Pour the batter into the prepared pan and bake for 30-35 minutes, or until a toothpick inserted into the center comes out clean. Let cool completely.
For the frosting, combine the cream cheese, powdered sugar, and vanilla extract. Gently fold in the whipped heavy cream.
Layer the cake with the frosting, covering the top and sides evenly. Smooth out the frosting for a polished look.
Decorate the cake with edible gold dust and garnish with dried orange slices or cinnamon sticks for a festive touch.
Refrigerate the cake for at least one hour before serving to allow the flavors to meld.
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