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Rubino Oro is the Italian name for a lovely dark pink glass; it means 'gold pink' and it is actually made using gold as a colorant.
Veiled glass is kind of like a glass sandwich- in this case that lovely pink between two layers of clear. The clear surrounding the pink ensures that the pink won't react in either a good or bad way with the glass around it. It appears that it still strikes to a darker pink too- makes sense as that is related to the heat applied.
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Rubino is one of those colors you want to stretch as much as possible because it's a bit on the expensive side due to the gold content, and the veiled rods help to do just that.
The beads at the top also include a bit of orchid pink enamel, so the bright pink is not all a result of the veiled rubino; it was mostly used as a background. The top half of the wee bottle is veiled rubino all the way- see what a nice color it is!
For more information on using rubino oro glass, you can look at this blog post of mine from years ago.