Ingredients
- ½ cup unsalted butter, softened to room temperature
- ½ cup oil (extra virgin or vegetable oil)
- 1 ½ cups sugar
- 3 eggs
- 1 ½ cups orange juice (preferably fresh if available)
- Zest of one orange
- 2 teaspoons vanilla extract
- 3 ½ to 4 cups all-purpose flour
- 1 tablespoon baking powder
- 1 teaspoon nutmeg
- ½ teaspoon salt
- Powdered sugar, for dusting
Step by Step Instructions
Step 1
Preheat oven to 350F (177C). Grease two 9 inch round cake pans, or one large 12 inch springform cake pan. You can also line the pans with wax or parchment paper.
Step 2
In a mixing bowl, cream together the butter, oil, and sugar until light and fluffy.
Add eggs in one at a time and mix together. Then, mix in the orange juice, orange zest and vanilla.
Step 3
In a separate bowl, sift together the flour, baking powder, nutmeg, and salt. Slowly incorporate flour into the wet ingredients with mixer on a low speed. Use a spatula if necessary, so you are careful not to over mix. The dough should be smooth and not too sticky. If adding a coin for New Year’s, wrap a coin in aluminum foil and mix it into the batter.
Step 4
Pour batter into pre greased pans. Bake for 45-50 minutes, or until a thin knife or toothpick inserted comes out clean and the cake is springy to the touch.
Step 5
Allow cake to cool at least 10 minutes before removing it from the pan. Dust the top with powdered sugar. If preferred, add a design or number of the year by using stencils or paper cut outs. You can even decorate the cake with pomegranates, sliced almonds, or frosting.
