The invention relates to a high-temperature domestic porcelain metallic bright glaze and a product decorated by the same. The bright glaze produced by using natural mineral raw materials and industrial pure raw materials comprises the following materials by weight percent: 10-25 percent of potassium feldspar, 10-30 percent of albite, 0-35 percent of quartz, 0-10 percent of barium carbonate, 0-10 percent of wollastonite, 0-10 percent of kaolin, 0-5 percent of zinc oxide, 1-10 percent of aluminum oxide, 1-10 percent of bone ash, 1-5 percent of purple clay and 10-35 percent of ferric phosphate, and the glaze is obtained by mixing, ball-milling and screening the raw materials. The fabrication technology of the glaze is basically the same as the common porcelain glaze, the cost is low, not only can the pure color be guaranteed through redesigning of the formula of the glaze, but also the burning temperature of the glaze is increased to 1380 DGE C, so that the decoration effect of domestic porcelain is greatly enriched, and the high-temperature domestic porcelain metallic bright glaze has wide application prospect.