In a small saucepan, pour in 1 cup of water and 1 cup of granulated sugar.
Turn the heat to medium and whisk gently until the sugar dissolves.
Drop in 2 tablespoons of unsalted butter. Stir until melted and combined.
Remove from heat. Stir in 2 tsp vanilla extract and ¼ tsp almond extract.
Whisk in 2 tbsp dry powdered milk and a pinch of salt until smooth.
Let the syrup cool, then pour into a jar or bottle.
