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RTRS: Gold climbs 2 pct as equity slip sparks fund buying
 
LONDON, Oct 15 (Reuters) - Gold swung higher on Wednesday, reversing earlier losses, with funds buying the precious metal as a sharp decline in U.S. equity markets spurred a fresh flight to safety.

Spot gold rose to a session high of $856.10 an ounce, up from $835.25 late in New York on Tuesday, before settling back to trade at $850.50/853.00 at 1411 GMT. It touched an intraday low of $830.10 earlier in the session. (Reporting by Jan Harvey; editing by Peter Blackburn)

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