The invention relates to a noble metal preparation for producing noble metal decorations on decoratively fireable substrates by direct printing and indirect printing (transfer technique). The printing quality of the preparation containing noble metal compounds and a binder system can be improved in that the binder system comprises a resin mixture of a) 25 to 40 wt. % of polyamide resins, b) 5 to 30 wt. % of sulfurised recent resins, c) 20 to 55 wt. % of rosin-modified resins, d) 0 to 30 wt. % of alkylphenol resins and e) 0 to 30 wt. % of other resins compatible therewith or of the reaction products, formed at 50 to 150.degree. C., of the resin mixture mentioned and/or the reaction products, formed at 50 to 150.degree. C., of the resin mixture mentioned or the reaction products of same containing the noble metal compounds in the presence of a sulfur-containing gelling agent.