Cryptic crossword clue
Cold old Latvian perhaps in his element 6

The most common and most likely answer to this crossword clue is the 6 letter word COBALT

I've seen this crossword clue in Financial Times
C
O
B
A
L
T


Buddy explains!

The straight part
We know that "element" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case element = cobalt.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does COBALT mean?

COBALT noun
  1. A chemical element (symbol Co) with an atomic number of 27: a hard, lustrous, silver-gray metal.
  2. Cobalt blue.

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