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Psalms 60:1 (To the chief Musician upon Shushaneduth, Michtam of David, to teach; when he strove with Aramnaharaim and with Aramzobah, when Joab returned, and smote of Edom in the valley of salt twelve thousand.) O God, thou hast cast us off, thou hast scattered us, thou hast been displeased; O turn thyself to us again.
Psalms 60:1 “Michtam of David” Word Study on “Michtam” - Strong says the Hebrew word “michtam” ( מִכְתָּם ) (H4387) literally means, “an engraving,” and as a technical term, “a poem.” He says this word comes from a Hebrew root word ( כָּתַם ) (H3799), which means “to carve, or engrave.” Therefore, some translations prefer to use a poetic term ( NLT, Rotherham), while others prefer a more literal translation ( DRC, LXX, VgClem).
NLT, “A psalm of David”
Rotherham, “A Precious Psalm of David”
DRC, “The inscription of a title to David himself”
LXX, “ Στηλογραφία τῷ Δαυιδ ”
VgClem, “Tituli inscriptio, ipsi David”
Comments - A similar Hebrew word ( כֶּתֶם ) (3800) means, “something carved out, i.e. ore; hence, gold.” Peter Craigie tells us that some scholars translate the title “A Golden Psalm” from “early rabbinical interpretations.”  Therefore, we get a variety of translations that carry the idea of treasure or gold.
 Peter C. Craigie, Psalms 1-50, in Word Biblical Commentary: 58 Volumes on CD-Rom, vol. 19, eds. Bruce M. Metzger, David A. Hubbard and Glenn W. Barker (Dallas: Word Inc., 2002), in Libronix Digital Library System, v. 2.1c [CD-ROM] (Bellingham, WA: Libronix Corp., 2000-2004), 154.
LITV, YLT, “A Secret Treasure of David”
Luther, “Ein gülden Kleinod David”
There are six so called “Michtam Psalms” (16, 56, 57, 58, 59, 60), which open with the phrase “Michtam of David.” A similar title “the writing of Hezekiah” is used as the title for the psalm of Hezekiah in Isaiah 38:9-20, which uses a similar Hebrew word ( מִכְתָּב ) (H4385), means “a writing, the characters of something written, or a document such as a letter, a copy, an edict, or a poem.”
Psalms 60:6 God hath spoken in his holiness; I will rejoice, I will divide Shechem, and mete out the valley of Succoth.
Psalms 60:6 “God hath spoken in his holiness” - Comments - The phrase “in his holiness” is used in:
Psalms 108:7, “God hath spoken in his holiness ; I will rejoice, I will divide Shechem, and mete out the valley of Succoth.”
Amos 4:2, “The Lord GOD hath sworn by his holiness , that, lo, the days shall come upon you, that he will take you away with hooks, and your posterity with fishhooks.”
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Everett, Gary H. "Commentary on Psalms 60". Everett's Study Notes on the Holy Scriptures. https://studylight.org/
the Second Week of Advent