Silver nanoclusters have been formed by thermal decomposition of Ag-oleate complex. Transmission electron microscopic (TEM) images of the particles showed two-dimensional assembly of particles with diameter of 10.5 nm. Energy-dispersive X-ray (EDX) spectrum and X-ray diffraction (XRD) peaks of the nanoclusters showed the highly crystalline nature of the silver structures. The decomposition of silver-oleate complex was analyzed by Thermo Gravimetric Analyzer (TGA) and the crystallization process was observed by XRD. The removal of the surfactant surrounding silver nanoclusters was measured by FT-IR and SEM images.