### Color Palette: "Elegant Contrast"

#### Description:
This palette combines the timeless elegance of black, white, and gray with the luxurious touch of gold and the boldness of dark red. It offers a sophisticated range of neutral tones that can be used in various design contexts, from modern branding to classic interiors. The interplay of these colors creates a striking visual appeal, perfect for projects that require a sense of refinement and depth.

| Color Name      | Hex Code | Description                      |
|-----------------|----------|----------------------------------|
| Black           | 
                            
                            #000000
                          | Deep, rich black for strong contrast and sophistication. |
| White           | 
                            
                            #FFFFFF
                          | Pure white for a clean, fresh look and to balance darker tones. |
| Gray            | 
                            
                            #808080
                          | Versatile gray that serves as a perfect neutral backdrop. |
| Gold            | 
                            
                            #FFD700
                          | Shimmering gold that adds a touch of luxury and warmth. |
| Dark Red        | 
                            
                            #8B0000
                          | A bold, dark red that brings depth and a sense of drama. |
| Light Gray      | 
                            
                            #D3D3D3
                          | Soft light gray for subtle highlights and gentle contrasts. |

This palette can be utilized effectively in web design, print materials, and branding, providing an elegant yet striking visual identity.