TORONTO, Nov 13 (Reuters) - Toronto's main stock market index was seen opening higher on Tuesday, buoyed by financial and commodity shares as the market rebounds from the previous session's steep selloff.

The Toronto Stock Exchange's S&P/TSX composite index <.GSPTSE> begins the day at 13,604.96 after dropping more than 260 points on Monday amid falling gold and oil prices.

Monday's decline marked the sixth loss in eight sessions for the resource-heavy index and, in the process, wiped out all the gains it had garnered since August.

"We are probably going to see a little bit of a revival after our sell-off yesterday," said Fred Ketchen, director of equity trading at ScotiaMcLeod.

U.S. stock futures were up 12.50 points, which usually indicates a stronger start to the session.

Gold shares are seen leading the recovery on Tuesday as the price for the precious metal rebounds following a steep drop that saw it settle under the key $800 an ounce mark on Monday. Gold was firm at $807 an ounce.

Ketchen sees financial shares, which account for about 30 percent of the overall market, also rising to recover from recent losses ahead of the fourth-quarter earnings period for the big banks.

But oil issues, which also account for about a third of the index, could offset the financial sector's gains, as the price for U.S. crude oil slips 1.1 percent to $93.58 a barrel.

Among individual shares, Lundin Mining reported a huge jump in its third-quarter profit on Tuesday, thanks to contributions from its recently acquired Neves-Corvo mine in Portugal and a gain from the sale of assets.

Iamgold Corp said on Tuesday its third-quarter profit rose 45 percent, but per-share profit was slightly lower, as it incorporated acquisitions from last year. ($1=$0.96 Canadian) (Reporting by Scott Anderson; Editing by Bernadette Baum) ((scott.anderson@reuters.com; +1 416 941 8106; Reuters Messaging: scott.anderson.reuters.com@reuters.net)) Keywords: MARKETS CANADA STOCKS