Ye wins women's 400 IM; Beisel takes silver

China's Ye Shiwen set a world record to win gold in the women's 400-meter individual medley Saturday night, beating world champion Elizabeth Beisel of the U.S.

Australia's Stephanie Rice, the 2008 gold medalist, ended way back in sixth.

Ye's swim of 4 minutes, 28.43 seconds bested Rice's world record from Beijing by more than a second.

Beisel finished 2.84 seconds back for her first Olympic medal and said she was "totally satisfied" despite being the favorite.

"A gold would be a little bit cooler," she said, "but I can't complain. I'm just really excited."

China's Li Xuanxu took bronze.