Final answer:
The prepositional phrase in the sentence is "from molten gold," which provides additional information about the origin of the beautiful bracelets made by the smith.
Step-by-step explanation:
The prepositional phrase "from molten gold" in the sentence "The skilled smith made beautiful bracelets from molten gold" serves as an adjectival descriptor, offering details about the origin of the bracelets. Starting with the preposition "from," it links to its object "molten gold," providing insight into the material used. Prepositional phrases, such as this one, enhance sentences by conveying additional information related to location, time, or manner. In this context, it elaborates on the craftsmanship of the skilled smith, emphasizing the exquisite nature of the bracelets crafted from the specified material, molten gold.