Silver nanoparticles with size less than 50 nm were synthesized from silver nitrate, polyvinylpyrrolidone (PVP) and ethylene glycol, where these chemicals acted as metal precursor, stabilizer and reducing agent, respectively. Then a conductive silver ink was prepared with a suitable solvent by adding a viscosifier, hydroxyethyl-cellulose (HEC), and a surfactant, diethylene glycol (DEG). The combined effect of both viscosifier and surfactant on the physical property of the silver ink was analyzed by measuring the contact angle of the silver ink on a cellulose film. Moreover, the influences of PVP molecular weight and reaction temperature on the size of the silver nanoparticles were analyzed. Then the silver ink was coated on the cellulose film by spin coating and the effects of different solvents, sintering temperatures and solid contents on its electrical resistivity were examined. It was found that, with 50 % co-solvent of deionized water and DEG and solid content of around 50 %, the silver ink exhibited the lowest resistivity. This ink can be used for inkjet printing of conductive patterns on cellulose films.