The synthesis of Fe3O4-Ag bimetallic nanoparticles by chemical reduction was carried out. Fe nanoparticles were obtained using Fe (III) Chloride hexahydrate (FeCl3•6H2O) as precursor and sodium borohydride (NaBH4) as reducing agent, subsequently, a solution of silver nitrate (AgNO3) was added to the reaction. The synthesis methodology employed in this case, is a modification of chemical reduction method. Through this procedure has been possible simplify the synthesis route used to obtain bimetallic systems such as Fe3O4-Ag. Particles with semi-spherical morphology were observed. High-resolution transmission electron microscopy (HREM), ultraviolet visible spectroscopy (UV-is) and quasi-elastic light scattering (QELS) techniques were employed for the structural characterization of Fe3O4-Ag nanostructures. Some models presented describe and prove the formation of the Fe3O4-Ag alloy type structures.