The development of improved methods for the synthesis of monodisperse gold nanoparticles (Au NPs) is of high priority because they can be used as substrates for surface-enhanced Raman scattering (SERS) applications relating to biological lipids.

We demonstrated that the hybrid core–shell nanostructure of Fe3O4 (core) and gold (shell) could be a good substrate candidate both for metal-enhanced fluorescence (MEF) and surface-enhanced Raman spectroscopy (SERS). The magnetic properties of the core material could provide functionalities such as the magnetically induced aggregation/distribution of nanostructures to increase the hot-spot density, while the nano-thickness gold shell allows for the plasmonic enhancement of both fluorescence and SERS. The gold-capped magnetic (Fe3O4) nanoparticles (GMPs) were facilely synthesized using a newly developed chemical method. The relative molar ratio of the constituent materials of the core–shell composite was optimized for tuning the plasmonic resonance wavelengths for MEF and SERS. We employed GMP-based MEF to detect alpha-fetoprotein (AFP), with concentrations ranging from 0.05 to 1000 ng/mL, and obtained a limit of detection (LOD) as low as 3.8 × 10−4 ng/mL. The signal enhancement factor (EF) in the GMP-based MEF was 1.5 at maximum. In addition, the GMPs were used in SERS to detect rhodamine B (RhB). Its LOD was 3.5 × 10−12 M, and the EF was estimated to be about 2 × 108. The hybrid core–shell nanoparticles could find potential applications in diagnostic assays based on MEF and SERS in various fields such as food verification, environmental testing/monitoring, and disease diagnosis.