An aluminum pigment having aluminum particles, a molybdenum coat comprising a molybdenum oxide and/or a molybdenum hydrate covering the surface of each aluminum particle and a silica coat comprising amorphous silica and/or a coat prepared from a silane coupling agent further covering this molybdenum coat is provided as an aluminum pigment having excellent dispersibility and stability, neither generating hydrogen gas nor agglomerating during storage and providing excellent designability for the appearance of a film. With respect to 100 parts by mass of aluminum, the content of molybdenum is preferably in the range of 0.01 to 5 parts by mass, and the content of silicon is preferably in the range of 1 to 20 parts by mass.