Will record turn to gold?

Russian pair Tatiana Volosozhar and Maxim Trankov received a standing ovation from the crowd after their record-setting performance. Paul Gilham/Getty Images

Reigning world champions Tatiana Volosozhar and Maxim Trankov of Russia jumped into first place of the Olympic figure skating pairs competition on Tuesday after scoring 84.17 points in their short program.The astounding score marks a world record in the short program, eclipsing the 83.98 mark the pair had set at the European Championships in Budapest last month. The duo enters Wednesday's free skate with a big lead over the rest of the field. Volosozhar and Trankov also currently own the world records for combined total (237.71) and free skate (154.66) scores.