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Step 1
In a small sauce pan, melt butter over medium heat.
Step 2
Add flour and cook for 2 minutes, whisk constantly, until the flour mixture is the color of a light caramel.
Step 3
While whisking, slowly pour in the beef broth. Continue to cook, whisking constantly, until the gravy thickens, about 3 to 5 minutes. (The gravy will start out runny but quickly become thick as you keep whisking. It is very important to keep stirring so the gravy doesn’t get lumps or burn.)
Step 4
Add salt and pepper, to taste, and serve immediately!