An ultraviolet ray curable ink composition adapted to be ejected by using an ink jet method is provided. The ultraviolet ray curable ink composition includes a polymerizable compound, metal powder, and a liquid component having an alicyclic structure including a hetero atom. The metal powder is constituted from metal particles subjected to a surface treatment with a fluorine type silane compound and/or a fluorine type phosphoric acid ester as a surface treatment agent. An amount of the liquid component contained in the ultraviolet ray curable ink composition is in the range of 0.05 mass % or more but 7.0 mass % or less. A printed object is also provided. Such a printed object is produced by using the ultraviolet ray curable ink composition.