Pulsed laser ablation was used to create Ag nanostructures – nanoparticles and nanowires. Two different type of target motion were used – rotation and computer controlled by using an XY stage. The impact was investigated of the trajectory of the laser beam on the target surface on the characteristics of the ablation process itself and the nanostructures obtained. Two circular trajectories of different diameters generated at the target rotation were utilized. The fundamental (λ = 1064 nm) and the third harmonic (λTHG = 355 nm) wavelengths of a Nd-YAG laser system were used for the fabrication procedure. They were selected in order to study the influence of the two processes accompanying the ablation procedure, namely, scattering and absorption of the incident light by the nanostructures already created (the so-called self-absorption). The two possible nanostructures – nanoparticles and nanowires, were obtained by an appropriate choice of the laser fluence for each of the wavelengths selected. The optical extinction spectra of the fabricated colloids allowed an indirect assessment of the shape and size-distribution of the nanostructures obtained, whose size and morphology were visualized by transmission electron microscopy (TEM). It was established that the most appropriate processing conditions in terms of the efficiency of the ablation and reproducibility of the sample characteristics were achieved using a computer controlled XY stage.