1pintPistachioapricot, or rum raisin ice cream, optional
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In a small saucepan, bring the rum to a simmer, add the apricots, and stir. Remove from the heat, cover, and soak for 30 minutes. Transfer to the refrigerator to cool.
In the bowl of an electric mixer fitted with a dough hook, mix the flour, sugar, salt, and yeast on the lowest speed to combine. Add the milk, then the eggs, one at a time, allowing the dough to start gathering between additions.
Increase the speed one level to knead for about 5 minutes, until it resembles a sticky dough that pulls from the sides of the bowl and gathers around the hook. Continue kneading until the dough becomes slightly warm, another 5 minutes.
Add the butter a few cubes at a time, allowing it to be absorbed into the dough after each addition. Continue kneading the dough until homegeneous and it begins to pull from the sides of the bowl, about 8 minutes.
Strain the apricots and add them to the dough with ½ cup of the pistachios. Mix just to combine.
Grease a large bowl with nonstick cooking spray. Scrape the dough into the bowl, cover with plastic wrap, and refrigerate overnight. It should rise by about one-third.
Preheat the oven to 325°F. Grease a 9½-inch-diameter (3-quart) kougelhopf mold or Bundt cake pan with nonstick cooking spray. Line the grooves inside the bottom of the pan with the remaining pistachios. Turn the dough out onto a floured surface and shape into a smooth ball by rolling it between the palms of your hands. Poke a hole into the center of the dough and set inside the prepared mold. Set in a warm area (about 78°F), such as near the oven, and cover with a damp cloth. Allow the dough to rise to the rim of the mold, about 2 hours.
Bake for 10 minutes, turn the pan 180 degrees, and continue baking for 10 more minutes, or until a thin knife or cake tester inserted into the thickest part of the dough comes out clean. Remove from the oven and immediately invert the kugelhopf onto a cooling rack. Dust with powdered sugar and serve warm or at room temperature. Serve with ice cream, if desired.