Dulce De Leche

Make gorgeous dulce de leche ('cream of milk')… by pressure cooking in the Instant Pot! Use it for ice creams, cheesecake toppings, cupcakes etc.
 
Tips:
Use ramekins, mason jars or food grade stainless steel containers (we prefer not to use the condensed milk tin due to chemicals which could leak out).
Pale caramel colour – 30 mins,
Intense Brown colour – 60 mins,
Gorgeous Caramel Colour – 45 mins (as per video).
 
Pop open the condensed milk can and pour the contents  into 3 small ramekins or mason jars.  You can fit as many as needed and the cook time stays the same.  Wrap ramekins tightly in foil.  For mason jars, seal, but not too tightly.

Insert trivet into inner pot and add 1 cup of water.

Place ramekins or jars on top of trivet and stack.

Choose Pressure Cook and adjust time according to colour of caramel desired: 30 mins for light, 45 mins for golden, and 60 mins for intense brown.
 
When Pressure Cook time is up, allow a complete Natural Pressure Release and then carefully open the lid. Use a dry cloth to wipe up any moisture that has landed on top of the ramekins or jars.  Use oven proof gloves to remove and set aside to cool before opening.

Open lids or remove foil and whisk together well for a smooth consistency and to spread the colour evenly throughout.

Thanks to @foodiesterminalusa for these tips on perfect caramel.