Answer:
Runs smoother than any rhyme, loves to fall but cannot climb!
I tremble at each breath of air, and yet can heaviest burdens bear.
Late afternoons I often bathe. I'll soak in water piping hot. My essence goes through. My see through clothes. Used up am I - I've gone to pot.
Has no feet, but travels far. Is literate, but not a scholar. Has no mouth, yet clearly speaks.
A precious stone, as clear as diamond. Seek it out while the sun's near the horizon. Though you can walk on water with its power, try to keep it, and it'll vanish in an hour.
What never gets any wetter no matter how hard it rains?