In a medium saucepan, combine water and peaches and bring to a simmer for 15 minutes. Remove from heat.
Strain out peaches with a fine-mesh strainer.
Stir in sugar until dissolved. Let cool completely before using or storing. Store in an airtight container in the fridge.
Notes
You can use granulated sugar, brown sugar or honey for the sweet element, but keep in mind that brown sugar and honey will affect the color of the finished syrup. You can double this recipe if you'd like to make more syrup.
Variations:
Nectarine syrup: Use fresh nectarines instead for a tangier twist. Or use a mixture of both to make a peach nectarine syrup.
Cinnamon peach syrup: Add a cinnamon stick to the peaches while you cook them on the stove.
Peach mint syrup: Add about 20 mint leaves to the finished peach syrup while it’s still warm and let infuse for 30 minutes, then remove the mint leaves.
Vanilla peach syrup: Stir in ½ teaspoon of vanilla extract to your syrup after adding the sugar.
Peach blackberry syrup: Add ½ cup of blackberries to the peaches and water.
Peach honey syrup: Use your favorite local honey instead of sugar.