Latter-day Saints have interpreted the Elohim in Psa 82:6 and 89:5-8 as being actual deities, albeit subordinate to the God of gods. Usually one hears the retort that the Elohim in these texts are human judges. However, as Daniel McClellan (among others) have shown, this is not the case; Elohim does not mean judges!
I came across the following commentary from a conservative Protestant commentary on the Psalter, so one can hardly claim there is any “pro-Mormon” bias in the following comments, where the authors accept that the “gods” are deities, not human judges:
Psalm 82: King of the Gods Psalm 82 places the modern reader in a very unfamiliar world. Modern thinkers hold to a monotheistic theology, meaning there is only one god and the gods of others simply do not exist. Ancient Israel did not have the same definition of monotheism. Indeed, for them not only did other gods exist, but these gods were active in the world.[1] This psalm gives us a window on the assembly of the gods, a place where the gods are gathered to make decisions about the world.[2] This council is part of the greater ancient Near Eastern mythology and would be a familiar image to ancient Israelites.[3] [1] A multitude of texts demonstrate this belief, e.g. Exod. 20:3-6; Deut. 4:15-20; josh. 24:14-15. In addition, many prophetic texts extol the people to love God alone and not go after other gods, e.g., Jer. 8:19; Hos. 11:2. In later texts, the theology seems to move more toward an exclusive monotheism; see. Isa. 41:21-24 . . . Verses 6-7 place the gods on equal footing with the humans. They have lost their immortality, hence their god status[4]. This ability for the God of Israel to demote the others speaks of the power of the king of the council. The king alone can control all of the other gods. This divine trial also demonstrates the fairness of Israel’s god. This god is not capricious, but sentences the other gods for their refusal to act in ways that reflect the values of God’s kingdom . . . [Psalm 89:5-8] set the state in the heavenly council. In vv.5 and 8, God is praised by the heavens for God’s faithfulness, and this certainly continues the theme of vv.1-4 while also broadening God’s faithfulness to the whole world. The questions in v.6 are rhetorical, just as in Isa. 40:18 and Pss. 18:31 and 77:13, followed by the declaration of God’s clear supremacy among the gods (v.7). God is not only the God of Israel but is the chief god of the council, and all others bow before the Lord. [2] See 1 Kgs. 22:19-23; Job 1:6-12; Zech. 1:7-17. [3] See Cross, Canaanite Myth and Hebrew Epic, pp. 177-90. [4] The Gilgamesh Epic is a story that concerns Gilgamesh’s quest for immortality that will make him a god, indicating the importance of immortality in ancient myth.
Source: Nancy Declaissé-Walford, Rolf A. Jacobson, and Beth Laneel Tanner, The Book of Psalms (New International Old Testament Commentary; Grand Rapids, Mich.: Eerdmans, 2014), 641, 642, 680
