Answer:
When young, I am sweet in the sun. When middle-aged, I make you gay. When old, I am valued more than ever.
Lovely and round, I shine with pale light, grown in the darkness, a lady's delight.
What can be seen but never found that only hides in the unwound?
Each morning I appear to lie at your feet, all day I follow no matter how fast you run. Yet I nearly perish in the midday sun.
In the night a mountain, in the morning a meadow.
I have two bodies joined together as one. When standing still I run and run.