The invention relates to green metal luster glaze. The green metal luster glaze is prepared from the following components in parts by weight: 32 to 41 parts of frit, 7 to 10 parts of demantoid, 3.5 to 4.5 parts of epidote, 3 to 4 parts of chlorite, 8 to 10 parts of ball clay, 6 to 9 parts of kaolinite, 17 to 19 parts of calcite, 8 to 12 parts of kibushi clay, 15 to 18 parts of shale, 20 to 25 parts of glaze stone, and 0.5 to 1.2 parts of aquamarine, wherein the frit is prepared from the following components in parts by weight: 25 to 33 parts of quartz, 12 to 14 parts of dolomite, 8 to 13 parts of green-bean rock, 3 to 6 parts of germanite powder, 17 to 22 parts of high-temperature sand, 2.5 to 4 parts of boric acid, and 1 to 2 parts of strontium carbonate. The invention also relates to a preparation method of the green metal luster glaze. The green metal luster glaze prepared by the preparation method has the advantages that the glaze surface is green, the metal luster is presented, and the green metal luster glaze is comparable with high-grade metal products.