Crossword Genius

Precious little stone (3)

Ross

I believe the answer is:

gem

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

This might be a double definition.

'precious little' is the first definition.
Although both the answer and definition are singular nouns, I can't understand how they can define each other.

'stone' is the second definition.
(a gemstone)

Can you help me to learn more?

(Other definitions for gem that I've seen before include "Pleasant and cheerful (from German)" , "A jewel of an Orangeman" , "Pearl" , "Setter might bed this" , "Valued person; jewel" .)

I've seen this clue in the Evening Standard.
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