Since thou wast precious
yaqar  (yaw-kar')
apparently, to be heavy, i.e. (figuratively) valuable; causatively, to make rare (figuratively, to inhibit) -- be (make) precious, be prized, be set by, withdraw.
in my sight
`ayin  (ah'-yin)
an eye; by analogy, a fountain (as the eye of the landscape)
thou hast been honourable
kabad  (kaw-bad')
to be heavy, i.e. in a bad sense (burdensome, severe, dull) or in a good sense (numerous, rich, honorable); causatively, to make weightybe rich, be (go) sore, stop.
and I have loved
'ahab  (aw-hab')
to have affection for (sexually or otherwise) -- (be-)love(-d, -ly, -r), like, friend.
thee therefore will I give
nathan  (naw-than')
to give, used with greatest latitude of application (put, make, etc.)
'adam  (aw-dawm')
ruddy i.e. a human being (an individual or the species, mankind, etc.) -- another, + hypocrite, + common sort, low, man (mean, of low degree), person.
for thee and people
lom  (leh-ome')
from an unused root meaning to gather; a community -- nation, people.
for thy life
nephesh  (neh'-fesh)
a breathing creature, i.e. animal of (abstractly) vitality; used very widely in a literal, accommodated or figurative sense (bodily or mental)