A sensitive sandwich immunoassay for alpha-fetoprotein (AFP) was reported in this paper. It was based on high resonance Rayleigh scattering light of gold nanoparticles (GNPs) and rapid separation of magnetic beads (MBs). Rayleigh scattering intensity of free GNPs was reduced strongly after immunoassay. Under optimized conditions, we got good relationship between resonance Rayleigh scattering (RRS) of free GNPs and the AFP concentration to determine AFP concentration efficiently.