I have used two ways. In one case I made a decal of light gray swirls to put over aluminum painted cowl. If I remember, this is how Revell did it for their 1:48 Spirit of St. Louis kit.
I also did a Fokker monoplane recently, where I painted the cowl with flat aluminum paint. I cut the tip off one of those pointed end toothpicks, to make a "stamp" the diameter I wanted the swirls to be.
I then took a bottle of gloss silver, and shook it thoroughly. I took off the top and laid it upside down on bench- a thin layer of paint remained in lid. I dipped toothpick into that paint and used it as a stamp to stamp the swirl pattern around the cowl.