The invention provides a preparation method of conducting paste by using oxides as an adhesive, which comprises the following steps: (1) preparation of the adhesive: mixing Bi2O3, ZnO, B2O3, NiO, NiO2, CaO, CuO and AgO according to a certain percentage by mass to obtain the adhesive; (2) preparation of an organic carrier: adding ethyl cellulose resin into the mixed liquor of ethyl carbitol, ethyl carbitol acetate and terpineol in any proportion, dissolving and filtering to obtain the organic carrier; (3) and preparation of paste: uniformly mixing silver powder, the adhesive, the organic carrier, a solvent and a dispersant according to a certain percentage by mass, rolling and filtering to obtain the conducting paste by using oxides as an adhesive. By changing the addition proportion and components of the adhesive, the invention can regulate the conductivity, printing property and adhesion force of the paste; and by changing the addition proportion of the organic carrier, the invention can regulate the viscosity and printing property of the paste.