In a medium saucepan, combine all ingredients and whisk until well blended.
Bring to a boil over medium-high heat, whisking frequently.
Reduce heat to low and simmer for about 5 minutes, until the sauce thickens.
Remove from heat and let cool completely.
Store in an airtight container in the refrigerator.
Notes
- Adjust sweetness by adding or reducing sugar. - Substitute sugar with a keto-friendly sweetener for a low-carb version. - Store refrigerated for up to 4 weeks.