diff --git a/finisher_api.go b/finisher_api.go
index b97f2301..e493b406 100644
--- a/finisher_api.go
+++ b/finisher_api.go
@@ -310,28 +310,36 @@ func (db *DB) Transaction(fc func(tx *DB) error, opts ...*sql.TxOptions) (err er
 }
 
 // Begin begins a transaction
-func (db *DB) Begin(opts ...*sql.TxOptions) (tx *DB) {
-	tx = db.getInstance()
-	if beginner, ok := tx.Statement.ConnPool.(TxBeginner); ok {
-		var opt *sql.TxOptions
-		var err error
-		if len(opts) > 0 {
-			opt = opts[0]
-		}
+func (db *DB) Begin(opts ...*sql.TxOptions) *DB {
+	var (
+		tx  = db.getInstance()
+		opt *sql.TxOptions
+		err error
+	)
 
-		if tx.Statement.ConnPool, err = beginner.BeginTx(tx.Statement.Context, opt); err != nil {
-			tx.AddError(err)
-		}
-	} else {
-		tx.AddError(ErrInvalidTransaction)
+	if len(opts) > 0 {
+		opt = opts[0]
 	}
-	return
+
+	if beginner, ok := tx.Statement.ConnPool.(TxBeginner); ok {
+		tx.Statement.ConnPool, err = beginner.BeginTx(tx.Statement.Context, opt)
+	} else if beginner, ok := tx.Statement.ConnPool.(ConnPoolBeginner); ok {
+		tx.Statement.ConnPool, err = beginner.BeginTx(tx.Statement.Context, opt)
+	} else {
+		err = ErrInvalidTransaction
+	}
+
+	if err != nil {
+		tx.AddError(err)
+	}
+
+	return tx
 }
 
 // Commit commit a transaction
 func (db *DB) Commit() *DB {
-	if comminter, ok := db.Statement.ConnPool.(TxCommiter); ok && comminter != nil {
-		db.AddError(comminter.Commit())
+	if committer, ok := db.Statement.ConnPool.(TxCommitter); ok && committer != nil {
+		db.AddError(committer.Commit())
 	} else {
 		db.AddError(ErrInvalidTransaction)
 	}
@@ -340,8 +348,8 @@ func (db *DB) Commit() *DB {
 
 // Rollback rollback a transaction
 func (db *DB) Rollback() *DB {
-	if comminter, ok := db.Statement.ConnPool.(TxCommiter); ok && comminter != nil {
-		db.AddError(comminter.Rollback())
+	if committer, ok := db.Statement.ConnPool.(TxCommitter); ok && committer != nil {
+		db.AddError(committer.Rollback())
 	} else {
 		db.AddError(ErrInvalidTransaction)
 	}
diff --git a/gorm.go b/gorm.go
index 8a801d68..e6a28635 100644
--- a/gorm.go
+++ b/gorm.go
@@ -2,6 +2,7 @@ package gorm
 
 import (
 	"context"
+	"database/sql"
 	"fmt"
 	"sync"
 	"time"
@@ -25,6 +26,9 @@ type Config struct {
 	// DryRun generate sql without execute
 	DryRun bool
 
+	// PrepareStmt executes the given query in cached statement
+	PrepareStmt bool
+
 	// ClauseBuilders clause builder
 	ClauseBuilders map[string]clause.ClauseBuilder
 	// ConnPool db conn pool
@@ -48,6 +52,7 @@ type DB struct {
 // Session session config when create session with Session() method
 type Session struct {
 	DryRun         bool
+	PrepareStmt    bool
 	WithConditions bool
 	Context        context.Context
 	Logger         logger.Interface
@@ -92,6 +97,22 @@ func Open(dialector Dialector, config *Config) (db *DB, err error) {
 		err = dialector.Initialize(db)
 	}
 
+	if config.PrepareStmt {
+		db.ConnPool = &PreparedStmtDB{
+			ConnPool: db.ConnPool,
+			stmts:    map[string]*sql.Stmt{},
+		}
+	}
+
+	if db.Statement == nil {
+		db.Statement = &Statement{
+			DB:       db,
+			ConnPool: db.ConnPool,
+			Context:  context.Background(),
+			Clauses:  map[string]clause.Clause{},
+		}
+	}
+
 	if err == nil {
 		if pinger, ok := db.ConnPool.(interface{ Ping() error }); ok {
 			err = pinger.Ping()
@@ -131,6 +152,13 @@ func (db *DB) Session(config *Session) *DB {
 		tx.Statement.Context = config.Context
 	}
 
+	if config.PrepareStmt {
+		tx.Statement.ConnPool = &PreparedStmtDB{
+			ConnPool: db.Config.ConnPool,
+			stmts:    map[string]*sql.Stmt{},
+		}
+	}
+
 	if config.WithConditions {
 		tx.clone = 3
 	}
@@ -256,6 +284,12 @@ func (db *DB) getInstance() *DB {
 
 		switch db.clone {
 		case 1: // clone with new statement
+			tx.Statement = &Statement{
+				DB:       tx,
+				ConnPool: db.Statement.ConnPool,
+				Context:  db.Statement.Context,
+				Clauses:  map[string]clause.Clause{},
+			}
 		case 2: // with old statement, generate new statement for future call, used to pass to callbacks
 			db.clone = 1
 			tx.Statement = db.Statement
@@ -266,21 +300,6 @@ func (db *DB) getInstance() *DB {
 			}
 		}
 
-		if tx.Statement == nil {
-			tx.Statement = &Statement{
-				DB:      tx,
-				Clauses: map[string]clause.Clause{},
-			}
-		}
-
-		if db.Statement != nil {
-			tx.Statement.Context = db.Statement.Context
-			tx.Statement.ConnPool = db.Statement.ConnPool
-		} else {
-			tx.Statement.Context = context.Background()
-			tx.Statement.ConnPool = db.ConnPool
-		}
-
 		return tx
 	}
 
diff --git a/interfaces.go b/interfaces.go
index 6d9c6212..4be54565 100644
--- a/interfaces.go
+++ b/interfaces.go
@@ -21,8 +21,8 @@ type Dialector interface {
 
 // ConnPool db conns pool interface
 type ConnPool interface {
-	ExecContext(ctx context.Context, query string, args ...interface{}) (sql.Result, error)
 	PrepareContext(ctx context.Context, query string) (*sql.Stmt, error)
+	ExecContext(ctx context.Context, query string, args ...interface{}) (sql.Result, error)
 	QueryContext(ctx context.Context, query string, args ...interface{}) (*sql.Rows, error)
 	QueryRowContext(ctx context.Context, query string, args ...interface{}) *sql.Row
 }
@@ -31,7 +31,11 @@ type TxBeginner interface {
 	BeginTx(ctx context.Context, opts *sql.TxOptions) (*sql.Tx, error)
 }
 
-type TxCommiter interface {
+type ConnPoolBeginner interface {
+	BeginTx(ctx context.Context, opts *sql.TxOptions) (ConnPool, error)
+}
+
+type TxCommitter interface {
 	Commit() error
 	Rollback() error
 }
diff --git a/prepare_stmt.go b/prepare_stmt.go
new file mode 100644
index 00000000..bc11abbf
--- /dev/null
+++ b/prepare_stmt.go
@@ -0,0 +1,92 @@
+package gorm
+
+import (
+	"context"
+	"database/sql"
+	"sync"
+)
+
+type PreparedStmtDB struct {
+	stmts map[string]*sql.Stmt
+	mux   sync.RWMutex
+	ConnPool
+}
+
+func (db *PreparedStmtDB) prepare(query string) (*sql.Stmt, error) {
+	db.mux.RLock()
+	if stmt, ok := db.stmts[query]; ok {
+		db.mux.RUnlock()
+		return stmt, nil
+	}
+	db.mux.RUnlock()
+
+	db.mux.Lock()
+	stmt, err := db.ConnPool.PrepareContext(context.Background(), query)
+	if err == nil {
+		db.stmts[query] = stmt
+	}
+	db.mux.Unlock()
+
+	return stmt, err
+}
+
+func (db *PreparedStmtDB) BeginTx(ctx context.Context, opt *sql.TxOptions) (ConnPool, error) {
+	if beginner, ok := db.ConnPool.(TxBeginner); ok {
+		tx, err := beginner.BeginTx(ctx, opt)
+		return &PreparedStmtTX{PreparedStmtDB: db, Tx: tx}, err
+	}
+	return nil, ErrInvalidTransaction
+}
+
+func (db *PreparedStmtDB) ExecContext(ctx context.Context, query string, args ...interface{}) (sql.Result, error) {
+	stmt, err := db.prepare(query)
+	if err == nil {
+		return stmt.ExecContext(ctx, args...)
+	}
+	return nil, err
+}
+
+func (db *PreparedStmtDB) QueryContext(ctx context.Context, query string, args ...interface{}) (*sql.Rows, error) {
+	stmt, err := db.prepare(query)
+	if err == nil {
+		return stmt.QueryContext(ctx, args...)
+	}
+	return nil, err
+}
+
+func (db *PreparedStmtDB) QueryRowContext(ctx context.Context, query string, args ...interface{}) *sql.Row {
+	stmt, err := db.prepare(query)
+	if err == nil {
+		return stmt.QueryRowContext(ctx, args...)
+	}
+	return &sql.Row{}
+}
+
+type PreparedStmtTX struct {
+	*sql.Tx
+	PreparedStmtDB *PreparedStmtDB
+}
+
+func (tx *PreparedStmtTX) ExecContext(ctx context.Context, query string, args ...interface{}) (sql.Result, error) {
+	stmt, err := tx.PreparedStmtDB.prepare(query)
+	if err == nil {
+		return tx.Tx.Stmt(stmt).ExecContext(ctx, args...)
+	}
+	return nil, err
+}
+
+func (tx *PreparedStmtTX) QueryContext(ctx context.Context, query string, args ...interface{}) (*sql.Rows, error) {
+	stmt, err := tx.PreparedStmtDB.prepare(query)
+	if err == nil {
+		return tx.Tx.Stmt(stmt).QueryContext(ctx, args...)
+	}
+	return nil, err
+}
+
+func (tx *PreparedStmtTX) QueryRowContext(ctx context.Context, query string, args ...interface{}) *sql.Row {
+	stmt, err := tx.PreparedStmtDB.prepare(query)
+	if err == nil {
+		return tx.Tx.Stmt(stmt).QueryRowContext(ctx, args...)
+	}
+	return &sql.Row{}
+}
diff --git a/tests/transaction_test.go b/tests/transaction_test.go
index b810e3bb..0c04e2ed 100644
--- a/tests/transaction_test.go
+++ b/tests/transaction_test.go
@@ -1,7 +1,6 @@
 package tests_test
 
 import (
-	"database/sql"
 	"errors"
 	"testing"
 
@@ -21,7 +20,7 @@ func TestTransaction(t *testing.T) {
 		t.Fatalf("Should find saved record, but got %v", err)
 	}
 
-	if sqlTx, ok := tx.Statement.ConnPool.(*sql.Tx); !ok || sqlTx == nil {
+	if sqlTx, ok := tx.Statement.ConnPool.(gorm.TxCommitter); !ok || sqlTx == nil {
 		t.Fatalf("Should return the underlying sql.Tx")
 	}