Here the words "commandments" and "statutes" mean basically the same thing and emphasize all that Yahweh has commanded. (See: [[rc://en/ta/man/translate/figs-doublet]])
The abstract noun "sight" can be expressed with the verb "see." Looking at something is a metaphor for protecting it. AT: "I will put it where I no longer have to see it" or "I will get rid of it so I no longer have to protect it" (See: [[rc://en/ta/man/translate/figs-abstractnouns]] and [[rc://en/ta/man/translate/figs-metaphor]])