As the world's largest gold producer, China might decide to source the supplies from local mines and through refining scrap metal.

作为世界上最大的金黄生产商，中国可能决定其储备来源于本国金矿及通过提炼废旧金属。

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In a report this week, Commerzbank said that, in addition to burgeoning jewelry demand, falling scrap supplies could offer additional support to gold prices.

德国商业银行(Commerzbank)在本周的报告中说，在珠宝需求上升之外，金屑供应下降可能将为金价提供额外支撑。

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Scrap metal can Be recycled (turned) into "gold and silver".

废物利用，废铜烂铁可提炼出“金子”“银子”。

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As for scrap, there again is a contrast between gold and silver, said Newman.

FORBES: Gold Should Break $1,600, Silver Near $50 by Year End --GFMS' Newman

In gold, he said, the scrap is dominated by jewelry and is price sensitive, which means there is an immediate reaction when prices move up.

FORBES: Gold Should Break $1,600, Silver Near $50 by Year End --GFMS' Newman

Another talking point is likely to be scrap supply coming back onto the market due to high gold prices.

FORBES: LBMA Conference Coming To Montreal With Gold At Historically High Prices