The invention relates to special type paper, in particular to a gold and silver piece color intrigue decorative paper which is characterized by comprising the raw materials by weight percent: 75.5-94.5% of wood pulp, 1-4% of gold and silver pieces and 4.5-20.5% of auxiliary agent. The paper is manufactured by being added with the special auxiliary agent, so as to solve the problem that the gold and silver pieces can not be evenly and firmly reserved in the prior art; the gold and silver pieces which are the special decorative material is applied into the decorative paper, so that the color intrigue decorative panel made of the decorative paper has the effect of elegance and luxury as well as being bright and colorful, and has important practical significance for saving timber resources, improving the quality of home decoration and realizing personalized decoration.