YBa2Cu3O7-x (123) powders containing silver have been prepared by aerosol decomposition. Metal nitrate solution droplets were decomposed at temperatures above and below the melting point of the Ag-O eutectic. In both cases, the Ag was present as a separate grain attached to YBa2Cu3O7-x. Individual aerosol particles had dimensions of 50 – 1000 nm. Grain sizes of Ag and 123 crystallites within these particles were 10 to 100 nm. Larger 123 grain sizes could be obtained by varying the reactor operating conditions. The powders provide a source of material for generation of YBa2Cu3O7-x/Ag ceramics with smaller Ag and 123 grain sizes and more uniform composition than can be obtained by other methods.