God is gone up: this is meant literally of the ark, wherein God was present, which went or was carried up to the hill of Zion, where the tabernacle was erected for it, and afterwards to the hill of Moriah into the temple; which solemnity was accompanied with the shouts and acclamations of the people, and with the sound of trumpets: but mystically it respects Christ's ascension into heaven, as may be gathered by comparing this with Ephesians 4:8, where the like words uttered concerning the ark upon the same occasion, Psalms 68:18, are directly applied to Christ's ascension.
Related Commentaries of Psalms 47:5
Psalms 47:5
5 God is gone up with a shout, the LORD with the sound of a trumpet.