A touch panel is provided. The touch panel includes a touch-sensing layer disposed on a substrate. A shielding layer is disposed on a shielding-film substrate. The shielding layer and the shielding-film substrate are disposed under the touch-sensing layer, wherein the shielding layer faces the touch-sensing layer. An adhesive layer is disposed between the touch-sensing layer and the shielding layer. An external circuit connection element has a first connection portion electrically connected with the touch-sensing layer and a second connection portion electrically connected with the shielding layer. The adhesive layer has a space and the second connection portion is disposed in the space. The space is filled with conductive glue. The conductive glue is between the second connection portion and the shielding layer. Moreover, a method for fabricating the touch panel is also provided.