NEW YORK ( TheStreet) -- Welcome to Don Dion's "ETF Winners and Losers." Be sure to stop by throughout the week to find out which ETFs are gaining or losing.Winners iShares Silver Trust ( SLV) 3.2% Silver prices are bouncing following Thursday's industry-leading decline. Gold is trekking higher as well, recovering some of the ground lost during its mid-week slide. The strength is not sweeping, however. ETFS Physical Palladium Shares ( PALL) is relatively unchanged as investors express hesitance towards inherently volatile shiny commodity. Meanwhile, base metals are strengthening, as indicated by the upward action seen from the PowerShares DB Base Metals Fund ( DBB), which tracks futures contracts linked to copper, aluminum, and zinc. iShares MSCI Russia Capped Investable Market Index Fund ( ERUS) 2% After two days of losses pushed them to their 50-day moving averages, Russia-tracking ETFs including ERUS and Market Vectors Russia ETF ( RSX) are bouncing higher. The gains from these energy-heavy products are impressive considering the weakness in crude. Despite breaking through the $100 mark earlier in the week, the closely watched commodity has retreated a bit, falling back below this level. The United States Oil Fund ( USO) is off over 1% heading into the weekend. iShares MSCI Italy Index Fund ( EWI) 1.9% After Thursday's weak action, the markets appear to be on track to end the week on a mixed note. Internationally, Europe is seeing gains as investor sentiment swings from headline to headline. EWI and the iShares MSCI Spain Index Fund ( EWP) are leading, but conservative investors should steer clear of this troubled region.