Add all of the ingredients to a medium saucepan and heat over medium to bring to a simmer. Reduce the heat to low and simmer, uncovered and stirring often, for 7 minutes.
½ cup, lightly packed brown sugar, ½ cup white sugar, 1 cup water, 3 tablespoons fancy molasses, 1 ½ teaspoons ground ginger, ½ teaspoon cinnamon, ¼ teaspoon nutmeg, pinch cloves
The sugars should be fully dissolved. Cool before transferring to sterilized jars or bottles and store in the fridge.