![Global shares slammed by fears over new COVID variant, as Dow futures lose 900 points and South African rand hits 1-year low](https://cdn.newsserve.net/ONPglobe256.png)
Global shares slammed by fears over new COVID variant, as Dow futures lose 900 points and South African rand hits 1-year low
The Swiss franc and gold soared, as investors sought out safe-haven assets in the face of uncertainty from a new Covid variant detected in South Africa.
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