Place all ingredients in medium saucepan. Cook over medium heat, stirring occasionally until sugar dissolves.

Once sugar dissolves, reduce heat to medium-low and cook until syrup reduces to desired thickness, stirring occasionally.

Cooking syrup down for 50 minutes reduces the mixture by about 1/3. This will give you around 4 cups of pomegranate syrup.

If desired, can syrup in 1/2 pint jars or pint jars for 5 minutes in a hot water bath.