Here is the updated color palette with Burgundy changed to #5C0016 and Charcoal Gray changed to Black:

json
{
  "palette_name": "Dark Cool Jewel Tones",
  "colors": [
    {
      "name": "Deep Teal Green",
      "hex_code": "
          
          #003D3F
       "
    },
    {
      "name": "Midnight Blue",
      "hex_code": "
          
          #191970
       "
    },
    {
      "name": "Deep Red",
      "hex_code": "
          
          #5C0016
       "
    },
    {
      "name": "Deep Purple",
      "hex_code": "
          
          #5B2E91
       "
    },
    {
      "name": "Black",
      "hex_code": "
          
          #000000
       "
    }
  ]
}

This updated palette features a striking Deep Red and classic Black, enhancing the dramatic and sophisticated feel of the color scheme. What specific applications or projects do you have in mind for this palette?