ERROR: Error installing psych: ERROR: Failed to build gem native extension

I am trying to update psych to 5.0.0, but I get the following error message:

Updating psych
Temporarily enhancing PATH for MSYS/MINGW...
Building native extensions. This could take a while...
ERROR:  Error installing psych:
        ERROR: Failed to build gem native extension.

    current directory: C:/Ruby31-x64/lib/ruby/gems/3.1.0/gems/psych-5.0.0/ext/psych
C:/Ruby31-x64/bin/ruby.exe -I C:/Ruby31-x64/lib/ruby/site_ruby/3.1.0 extconf.rb
checking for yaml.h... no
yaml.h not found
*** extconf.rb failed ***
Could not create Makefile due to some reason, probably lack of necessary
libraries and/or headers.  Check the mkmf.log file for more details.  You may
need configuration options.

Provided configuration options:
.
.
.

To see why this extension failed to compile, please check the mkmf.log which can be found here:

  C:/Ruby31-x64/lib/ruby/gems/3.1.0/extensions/x64-mingw-ucrt/3.1.0/psych-5.0.0/mkmf.log

extconf failed, exit code 1

Gem files will remain installed in C:/Ruby31-x64/lib/ruby/gems/3.1.0/gems/psych-5.0.0 for inspection.
Results logged to C:/Ruby31-x64/lib/ruby/gems/3.1.0/extensions/x64-mingw-ucrt/3.1.0/psych-5.0.0/gem_make.out

Tried gem update, gem pristine --all, same error.

Any tips how to fix this in Windows?

Thank you!

Not sure how it was fixed but I ran gem update and psych was updated to 5.0.2 without an error.