Color Palette: Navy Gold Bold Mod

1. Color Name: Dark Navy
   Hex Code: 
                            
                            #000080
                        
   Description: This deep shade of navy blue resembles the color of a moonlit night sky, exuding a sense of mystery and elegance.

2. Color Name: Goldenrod
   Hex Code: 
                            
                            #DAA520
                        
   Description: This warm golden hue is reminiscent of ripe wheat, radiating a vibrant and luminous energy, perfect for adding a touch of luxury.

3. Color Name: Electric Blue
   Hex Code: 
                            
                            #00FFFF
                        
   Description: This intense shade of blue with a hint of turquoise creates a bold and electrifying effect, evoking a sense of modernity and futurism.

4. Color Name: Bold Red
   Hex Code: 
                            
                            #FF0000
                        
   Description: This vivid red hue demands attention and symbolizes strength and determination, making it an ideal choice for creating impactful designs.

5. Color Name: Mod Purple
   Hex Code: 
                            
                            #8A2BE2
                        
   Description: This rich and vibrant purple shade has a touch of magenta, representing creativity and individuality, adding a modern twist to the color palette.

Note: The color names "Bold Red" and "Mod Purple" are not commonly used color names but have been included to align with the query's requirement for bold and mod colors.