Combine Ingredients: In a saucepan, combine the peach preserves, whiskey, ketchup, brown sugar, apple cider vinegar, Dijon mustard, Worcestershire sauce, garlic powder, onion powder, and paprika.
Stir and Simmer: Stir the mixture until all the ingredients are well combined. Place the saucepan over medium heat.
Simmer: Bring the mixture to a gentle simmer. Reduce the heat to low and let it simmer for about 15-20 minutes, stirring occasionally. This allows the flavors to meld and the sauce to thicken.
Taste and Adjust: Taste the sauce and adjust the sweetness or tanginess according to your preference. You can add more brown sugar for sweetness or vinegar for tanginess.
Cool and Store: Remove the saucepan from heat and let the Whiskey Peach BBQ Sauce cool to room temperature. Once cooled, transfer it to an airtight container or a glass jar.
Serve or Store: You can use the sauce immediately as a glaze, marinade, or dipping sauce. If not using right away, store it in the refrigerator for up to two weeks.