Iron is abundant on Earth, including within the crust, where it's the fourth most abundant element (after Oxygen, silicon, and aluminium), roughly 5% by mass. And yes, considerably more prevalent in the core. Iron and oxygen account for roughly 32% of Earth's total mass, each, the largest proportion of any element.
<https://en.wikipedia.org/wiki/Earth_mass>
Sure, not as abundant as silicates. But nowhere near as rare as gold, platinum, and rhodium. Or even copper, silver, or lead.
<https://en.wikipedia.org/wiki/Abundance_of_elements_in_Earth...>
There's even a fair bit of it flowing though your veins and arteries right now.
And yes, the major ore deposits are old. Most are BIFs (banded iron formations), and date to 1 bya or 3.5 bya, laid down by early oceanic algae for the most part.
Sometimes it's more than fine to allow a slight exaggeration to pass without litigating it to death.