What skin condition is characterized by red, itchy, and silvery patches on the skin?

The condition characterized by red, itchy, and silvery patches on the skin is psoriasis. This chronic autoimmune skin disorder results in rapid skin cell production, leading to the formation of thick, scaly patches that often appear silver due to the buildup of dead skin cells. The intense itching and the inflammation in affected areas contribute to the overall discomfort experienced by individuals with psoriasis.

This condition is distinct from others listed. For instance, rosacea primarily involves facial redness and visible blood vessels, but does not typically produce the silvery scales associated with psoriasis. Hyperpigmentation refers to darkened areas of the skin, often caused by factors such as sun exposure or hormonal changes, and does not involve inflamed or scaly skin. Albinism is a genetic condition leading to a lack of melanin, resulting in very light skin, hair, and eyes, but it also does not present with itching or patchy skin conditions. Therefore, psoriasis accurately fits the description provided in the question.