This is a chart I've been looking for, with no particular comment. Analyst Andrew Hoffman included this data in an article titled "End of the Gold Bear Market" published December 15, 2014. I have seen no additional data into 2015. The two extremes are Pakistan and Russia, down 3% and up 79% respectively, in the first 11 months of 2014. The data reflect the strength of various currencies, rather than fundamentals in the precious metals market. As you can see, the price of gold in the U.S. was virtually unchanged during that time period. Countries (plus Europe) are arranged in population order: