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Hard form of conundrum that loses its point (8)

Ross

I believe the answer is:

amethyst

I'm a little stuck... Click here to teach me more about this clue!

This could be a double definition.

'hard' is the first definition.
Both the answer and definition are adjectives. Maybe there's a link between them I don't understand?

'form of conundrum that loses its point' is the second definition.
Although both the answer and definition are singular nouns, I don't see how one could define the other.

Can you help me to learn more?

(Other definitions for amethyst that I've seen before include "One showing sparkling facets" , "Purple quartz used in jewellery" , "A Middle East language" , "Something precious" , "what's in ring" .)

I've seen this clue in The Globe and Mail.
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