U.S. Producer Price Index misses expectations in October

Wheat futures rose over one percent in American trade, shrugging off the dollar's surge to a nine-month high, which follows a basket of data from the U.S., the world's largest wheat exporter.

Silver capitalized on the current wavering of the markets to rise on Tuesday away from a five-week low hit yesterday, even as the dollar keeps rising against main currencies.

Crude prices rose on Tuesday for the second day in a row amid expectations OPEC is taking diplomatic solutions to coordinate between the members to reach a deal to cut production.